Malaysia legislation

Section 13

of EMPLOYEES PROVIDENT FUND (AMENDMENT) ACT 2016

Section 13

Section 51a of the principal Act is amended by substituting for subsection (1) the following subsection:

“(1)  Notwithstanding section 51, the Board may transfer to the Registrar of Unclaimed Money all sums of money standing to the credit of a member of the Fund which have not been claimed when such member has attained the age of one hundred years or any age limit as may be prescribed by the Board, whichever is higher.”.

Section 13 — AKTA KUMPULAN WANG SIMPANAN PEKERJA (PINDAAN) 2016