Pembangunan Sumber Manusia Berhad Act 2001 · Updated to 1 Nov 2017 · Part IV · Human Resources Development Fund
25. Non-utilization of Fund
Feedback & supportIf an employer does not make any claims against the Fund within such period as may be determined by the Board from the date of its registration with the Corporation or from the date of the last financial assistance or other benefits granted by the
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;
Corporation, the employer shall lose his eligibility to receive any financial assistance or other benefits not claimed for the period.
Corporation
“Corporation” means the Pembangunan Sumber Manusia Berhad referred to in section 3;