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Section 51A

Transfer to the Registrar of Unclaimed Money

of Employees Provident Fund Act 1991

ActIn forceProvision 65 of 147
Section 51A
(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

*NOTE—Previously known as the “Official Assignee”—see section 17 of the Bankruptcy (Amendment)

Act 2003 [Act A1197].

**NOTE—Previously known as the Anti-Money Laundering and Anti-Terrorism Financing Act 2001.

Change in short title vide section 3 of the Anti-Money Laundering and Anti-Terrorism Financing

(Amendment) Act 2014 [Act A1467] w.e.f. 1 September 2014― see P.U. (B) 400/2014.

Employees Provident Fund 59

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.

(2)

Any application or claim relating to the credit of such member of the Fund after such transfer under subsection (1) has been effected shall be forwarded to the Registrar of Unclaimed

Money according to the Unclaimed Moneys Act 1965 [Act 370].