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Section 58

Payment of additional amount

of Employees Provident Fund Act 1991

ActIn forceProvision 84 of 147
Section 58
(1)

Where authority for withdrawal under paragraph 54(1)(a) is granted, the Board has a discretion to pay an additional amount as set

74 Laws of Malaysia out in the Fifth Schedule subject to any terms and conditions prescribed by the Board.

(1A)

(Deleted by Act A1300).

(2)

Where authority for withdrawal under paragraph 54(1)(c)

has been granted, the Board has a discretion to pay an additional amount as set out in the Sixth Schedule subject to any terms and conditions prescribed by the Board.

(3)

A member of the Fund shall not be paid the additional amount under subsection (2) on any subsequent withdrawal under paragraph 54(1)(c).