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Section 23C

Appointment of members of Shariah Advisory Committee

of Employees Provident Fund Act 1991

ActIn forceProvision 26 of 147
Section 23C
(1)

The Board may appoint such number of persons, which shall not be less than three, from amongst persons who are qualified in

Shariah, or who have knowledge or experience in Shariah and in banking, finance, law or such other related disciplines, as members of the Shariah Advisory Committee.

(2)

Members of the Shariah Advisory Committee shall not be entitled to any remuneration but may be paid such honorarium, and travelling and subsistence allowances, as the Board may determine.