Employees Provident Fund Act 1991 s 18

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s 18 Establishment and membership of the Investment Panel

(1) There shall be established an Investment Panel responsible for matters pertaining to the investments of the Fund which shall consists of the following members: (a) the Chairman, or any other person to be appointed by the Minister, who shall be the Chairman of the Investment Panel; (b) the Governor of Bank Negara Malaysia or his representative; (c) a representative of the Ministry of Finance; (d) the chief executive officer, who shall be an ex-officio member; and (e) three other persons who shall have experience in finance, business or other relevant experience, to be appointed by the Minister. (2) The Investment Panel shall be subject to such directions issued by the Board and approved by the Minister, from time to time. (3) Members of the Investment Panel shall not be entitled to any remuneration but may be paid such honorarium and travelling and subsistence allowances as the Board may, with the approval of the Minister, determine.

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Find Act 452 on lom.agc.gov.my ↗

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).

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