Employees Provident Fund Act 1991 s 53

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s 53 Winding up of approved fund

The approved fund of a statutory or local authority under the new scheme shall be wound up on such date as the Minister may, by notification in the Gazette, appoint in each particular case, and all assets and liabilities of the approved fund shall be transferred to the Fund and dealt with under this Act: Provided that where there is a pension scheme of a statutory or local authority within the meaning of “approved fund” under section 2 of this Act then the winding up of such scheme shall be dealt with under section 30 of the Statutory and Local Authorities Superannuation Fund Act 1977 [Act 185] notwithstanding section 52.

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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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