Pembangunan Sumber Manusia Berhad Act 2001 · Updated to 1 Nov 2017 · Part III · Registration and Human Resources Development Levy
14. Imposition of levy
Feedback & supportSubject to section 19, there shall be paid by every employer to whom this Act applies a human resources development levy in respect of each of his employees at the rate of one per centum of the monthly wages of the employee.
employer
“employer” means any person who has entered into a contract of service to employ any other person as an employee, and includes an agent, manager or factor of such first-mentioned person;
The Minister may, from time to time, by order published in the Gazette, reduce or increase the rate of the levy specified in subsection (1).
Minister
“Minister” means the Minister charged with the responsibility for human resources;
Any employer who fails to pay any levy due under subsection (1) within such period as may be prescribed commits an offence and shall on conviction be liable to a fine not exceeding twenty thousand ringgit or to imprisonment for a term not exceeding two years or to both.
levy
“levy” means the human resources development levy imposed under section 14 or 15;
Prosecution for an offence under subsection (3) shall not affect the right of the Corporation to recover the amount of any levy due under this Act from the employer.
Corporation
“Corporation” means the Pembangunan Sumber Manusia Berhad referred to in section 3;