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Section 44

Remittance of funds in connection with retirement

of Employees Provident Fund Act 1991

ActIn forceProvision 56 of 147
Section 44
(1)

In addition to section 43, an employer or any other person may at any time, with the consent of the employee, remit to the

Board—

(a)

any funds being retirement benefits of the employee; or

(b)

any funds from any other retirement scheme or plan relating to the employee, in any manner as may be prescribed by the Board.

(2)

An employee or any other person may at any time remit to the

Board any funds from any retirement scheme or plan relating to the employee or person in any manner as may be prescribed by the Board.

(3)

Upon the Board receiving the funds as remitted under subsection (1) or (2), the Board shall cause the funds to be paid into the Fund in accordance with section 50.

Employees Provident Fund 53

Adding up credit into the account of a member of the Fund