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← Employees Provident Fund Act 1991

Employees Provident Fund Act 1991 s 66

Employees Provident Fund Act 1991 s 66

Some sections could not be extracted from the official PDF, so this text may be incomplete.

s 66 Protection of contributions in execution proceeding or sale under security

(1) If, at any time before the date of the commencement of a winding up in the case of a company or before the making of a receiving order in the case of a debtor in bankruptcyβ€” (a) an attachment has been issued against the property of an employer in execution of a decree against him and any such property has been seized or sold or otherwise realized in pursuance of such execution; or (b) the property of an employer has been sold, on the application of a secured creditor, then the proceeds of the sale or other realization of such property shall not be distributed to any person entitled thereto until the court ordering the sale or other realization, has made provision for the payment of any amounts due in respect of contributions payable by the employer under this Act. (2) In this section the word β€œcontribution” shall be deemed to include any dividend and interest due on any contributions.

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

Find Act 452 on lom.agc.gov.my β†—

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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