Employees’ Social Security Act 1969 Ninth Schedule
Employees’ Social Security Act 1969 Ninth Schedule
Some sections could not be extracted from the official PDF, so this text may be incomplete.
Ninth Schedule NINTH SCHEDULESupplementary
[Section 75A]
1. The following persons shall be disqualified from being appointed or being a member of the Investment Panel:
(a) a person who has been convicted of an offence involving fraud, cheating, criminal breach of trust, criminal misappropriation of property or any offence involving dishonesty or moral turpitude and has been sentenced to imprisonment for a term of not less than one year;
(b) a bankrupt; and
(c) a person of unsound mind or is otherwise incapable of performing his duties.
2. (1) A member of the Investment Panel shall cease to be a member—
(a) if he fails to attend three consecutive meetings of the Investment Panel without leave of the Chairman of the Investment Panel; or
(b) if his appointment is revoked by the Minister, in the case of a person appointed under paragraph 75A(2)(f).
(2) A member appointed by the Minister under paragraph 75A(2)(f) may resign as a member of the Investment Panel by giving notice in writing to the Minister.
(3) If any member of the Investment Panel has any beneficial interest in any matter under consideration by the Investment Panel, he shall forthwith declare to the Chairman the nature and extent of his interest in such matter and the Investment Panel shall decide whether or not he may take part in the meeting of the Investment Panel when such matter is being considered, notwithstanding his interest in such matter.
(4) The Investment Panel shall meet as and when required to do so by the Chairman of the Investment Panel.
(5) The Chairman and three other members of the Investment Panel shall form a quorum at any meeting of the Investment Panel.
Malay text (authoritative)
JADUAL KESEMBILAN
[Seksyen 75 A]
1. Orang yang berikut tidak layak dilantik sebagai atau menjadi seorang anggota Panel Pelaburan:
(a) seseorang yang telah disabitkan atas suatu kesalahan yang melibatkan fraud, penipuan, pecah amanah jenayah, salah guna jenayah harta atau apa-apa kesalahan yang melibatkan ketidakjujuran atau keburukan akhlak dan telah dijatuhi hukuman pemenjaraan selama tempoh tidak kurang daripada satu tahun;
(b) seorang bankrap; dan
(c) seorang yang tidak sempurna akal atau tidak upaya selainnya untuk menjalankan fungsinya.
2. (1) Seseorang anggota Panel Pelaburan hendaklah terhenti menjadi anggota—
(a) jika dia tidak menghadiri tiga mesyuarat Panel Pelaburan berturut- turut tanpa kebenaran Pengerusi Panel Pelaburan; atau
(b) jika pelantikannya dibatalkan oleh Menteri, dalam hal seseorang yang dilantik di bawah perenggan 75 A (2)(f).
(2) Seseorang anggota yang dilantik oleh Menteri di bawah perenggan 75 A(2)(f) boleh meletakkan jawatannya sebagai anggota Panel Pelaburan dengan memberikan notis bertulis kepada Menteri.
(3) Jika mana-mana anggota Panel Pelaburan mempunyai apa-apa kepentingan benefisial dalam apa-apa perkara yang sedang dipertimbangkan oleh Panel Pelaburan, dia hendaklah dengan segera mengisytiharkan kepada Pengerusi jenis dan takat kepentingannya dalam perkara itu dan Panel Pelaburan hendaklah memutuskan sama ada atau tidak dia boleh mengambil bahagian dalam mesyuarat Panel Pelaburan apabila perkara itu sedang dipertimbangkan, walau apa pun kepentingannya dalam perkara itu.
(4) Panel Pelaburan hendaklah bermesyuarat apabila dikehendaki berbuat demikian oleh Pengerusi Panel Pelaburan.
(5) Pengerusi dan tiga orang anggota lain dalam Panel Pelaburan hendaklah membentuk kuorum dalam mana-mana mesyuarat Panel Pelaburan.
Text as at 1 January 2006 (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).
