Malaysia legislation
Section 7
Section 7
Amendment of section 12
(a)
in subsection (1), by substituting for the word “subsection”
the words “subsections (1a) and”; and
(b)
by inserting after subsection (1) the following subsection:
“(1a) Where the withdrawal under paragraph (1)(b)
or (c) is made by a serviceman referred to in paragraph 15d(1)(a) or an officer referred to in paragraph 15d(1)(b)—
(a)
the withdrawal shall only apply to—
(i)
in respect of a serviceman—
(A)
his contribution to the Tabung and the dividend for the duration of the contribution;
and
(B)
the dividend for the payments made under subsection 9(2)
but excluding the dividend for the year immediately preceding the discharge of the serviceman from service with the regular forces of
Malaysia; or
(ii)
in respect of an officer, his contribution to the Tabung and the dividend for the duration of the contribution; and
(b)
the remaining amount standing to the credit of the serviceman’s or officer’s account under this Act may only be withdrawn on the death of the serviceman or officer, as the case may be, or in the circumstances as may be approved by the Lembaga.”.
Tabung Angkatan Tentera (Amendment)
7
New section 15d