Section 14
Imposition of levy
of Pembangunan Sumber Manusia Berhad Act 2001
Subject 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.
(2)
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).
(3)
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.
(4)
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.