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← Employment Act 1955

Employment Act 1955 s 25

Employment Act 1955 s 25

Sections 34–36, 45–56 and 95–96 were repealed by later amendments.

s 25 Wages to be paid through financial institution

(1) The entire amount of wages earned by, or payable to, any employee in respect of any work done by him less any lawful deductions, shall be actually paid to him through payment into an account opened by a financial institution, being an account in the name of the employee or an account in the name of the employee jointly with one or more other persons as stipulated by the employee. (2) Every employee shall be entitled to recover in the courts so much of his wages, exclusive of sums lawfully deducted under Part IV, as shall not have been actually paid to him in accordance with subsection (1). (3) For the purposes of this Part, β€œfinancial institution includesβ€” (a) a licensed bank and an approved issuer of a designated payment instrument under the Financial Services Act 2013 [Act 758]; (b) a licensed Islamic bank and an approved issuer of a designated Islamic payment instrument under the Islamic Financial Services Act 2013 [Act 759]; and (c) a prescribed institution under the Development Financial Institutions Act 2002 [Act 618]. (4) The Minister may, by order, specify any approved issuer of a designated payment instrument or any approved issuer of a designated Islamic payment instrument under paragraphs 3(a) and (b) to be a recognized approved issuer of a designated payment instrument or approved issuer of a designated Islamic payment instrument for the purpose of payment of wages under this Part.

Read this section in the full act β†’ Β· Open Part V β†’

Find Act 265 on lom.agc.gov.my β†—

Text as at 1 August 2023 (LOM reprint); amendments made after that date may not be incorporated.

Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).

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