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(Dissolution)
LAWS OF MALAYSIA
REPRINT
Act 584
TEACHERS’ SUPERANNUATION
FUND (SABAH) (DISSOLUTION)
ACT 1998
Incorporating all amendments up to 1 January 2006
PUBLISHED BY
THE COMMISSIONER OF LAW REVISION, MALAYSIA
UNDER THE AUTHORITY OF THE REVISION OF LAWS ACT 1968
IN COLLABORATION WITH
PERCETAKAN NASIONAL MALAYSIA BHD
2006
PREVIOUS REPRINT
Act 584
ARRANGEMENT OF SECTIONS
Section
Act 584
Interpretation
3. The Ordinance is repealed and the Board and the Fund established
thereunder are dissolved.
Transfer of property
Transfer of funds
6. All moneys standing in, or due to be paid to, the Fund shall,
on the appointed date, be transferred to, and vest in the Government.
(2) The lump sum amount to be paid under subsection (1) shall
be paid out of the moneys referred to in section 6 and, if such
moneys are insufficient for such purpose, the property and assets
referred to in section 5.
(3) For the purposes of this section, “actuary” means the actuary
appointed under the Ordinance by the Board for the purpose of
determining the amount to be paid under this Act.
(2) Where there are more than one dependant to whom payment
may be made under subsection (1), the payment shall be made in
equal amounts to the dependants.
Adam Haida & Co
(3) Where there is no dependant, the amount payable under
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8 Laws of Malaysia ACT 584
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subsection (1) shall become part of the deceased eligible person’s
estate.
12. (1) The repeal of the Ordinance shall not affect any person’s
liability to be prosecuted or punished for offences committed under
the Ordinance before the appointed date, or any proceedings brought
or sentence imposed before that date in respect of such offence.
Provided that the Minister shall not exercise the powers conferred
by this section after the expiration of three years from the appointed
date.
Act 584
LIST OF AMENDMENTS
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Act 584
– NIL –
DICETAK OLEH
PERCETAKAN NASIONAL MALAYSIA BERHAD,
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