Employees Provident Fund Act 1991 · Updated to 1 Oct 2025 · Part V · Contributions to the Employees Provident Fund
53B. Withdrawal of the transferred amount
Feedback & supportNotwithstanding any relevant provisions of this Act, the amount which has been transferred into the account of the receiver named in the order under subsection 53A(1) shall not be withdrawn or transferred except in accordance with subsection (2).
The Board may authorize the withdrawal of all amounts so transferred subject to any terms and conditions as may be prescribed by the Board if the Board is satisfied that the receiver—
Board
“Board” means the Employees Provident Fund Board established under section 3;
has died;
has attained the age of fifty-five years;
is physically or mentally incapacitated from engaging in an employment; or
is not a Malaysian citizen and is about to leave Malaysia.
Where such authority for withdrawal under paragraph 2(a) or 2(c)
has been granted, no additional amount under section 58 may be paid.
additional amount
“additional amount” means the amount which may be paid under section 58;
PART VB
ELECTION BY MEMBER OF THE FUND TO TRANSFER
member of the Fund
“member of the Fund” means a person who has an account and credit with the Fund;
HIS CONTRIBUTIONS