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Section 53E

Cessation of transfer of contributions

of Employees Provident Fund Act 1991

ActIn forceProvision 72 of 147
Section 53E
(1)

Upon the occurrence of any circumstances specified in the Eighth Schedule in relation to a transfer of contributions, a member of the Fund who has elected to transfer his contributions under section 53D may apply to the Board to cease the transfer.

(2)

An application for cessation of transfer of contributions under subsection (1) shall be made to the Board by submitting such particulars or documents, and in such manner, as determined by the Board.

(3)

After receiving an application under subsection (2), the

Board shall cease the transfer of the contributions.

(4)

Any amount that has been transferred into the account of the member of the Fund who receives the contributions transferred before the date of cessation of transfer of the contributions shall be retained in the account of such member of the Fund.

Employees Provident Fund 67

Re-transfer of contributions