approved fund

"approved fund" means- (a) a provident fund or other scheme for the benefit of employees established by an employer or by a group of employers and declared by the Board under section 52 to be an approved fund, and includes- (i) any scheme in respect of persons who are in the employment of the Government of Malaysia, any State Government or any statutory or local authority and are emplaced on the pensionable establishment; (ii) any arrangement in respect of persons in the employment of any organisation where the appointment to such organisation is made by or with the approval of the Government of Malaysia of a person who prior to such appointment was in the employment of the Government of Malaysia, any State Government or any statutory or local authority and where the period of service with such organisation is reckonable for the purposes of the grant of any pension, gratuity or other benefit by the Government of Malaysia under any written law relating to pensions, and if any doubt arises as to whether any person is in such employment or not, the decision of the Minister shall be final; or (b) any scheme expressly established by any written law immediately before the 6th August 1970, for the benefit of the employees in any trade, business, industry or occupation: Provided that such scheme shall cease to be an approved fund upon the Minister declaring that it shall cease to be so;
ACT 452 - EMPLOYEES PROVIDENT FUND ACT 1991
2. Interpretation.

approved fund

"approved fund" means- (a) a provident fund or other scheme for the benefit of employees established by an employer or by a group of employers and declared by the Board under section 52 to be an approved fund, and includes- (i) any scheme in respect of persons who are in the employment of the Government of Malaysia, any State Government or any statutory or local authority and are emplaced on the pensionable establishment; (ii) any arrangement in respect of persons in the employment of any organisation where the appointment to such organisation is made by or with the approval of the Government of Malaysia of a person who prior to such appointment was in the employment of the Government of Malaysia, any State Government or any statutory or local authority and where the period of service with such organisation is reckonable for the purposes of the grant of any pension, gratuity or other benefit by the Government of Malaysia under any written law relating to pensions, and if any doubt arises as to whether any person is in such employment or not, the decision of the Minister shall be final; or (b) any scheme expressly established by any written law immediately before the 6th August 1970, for the benefit of the employees in any trade, business, industry or occupation: Provided that such scheme shall cease to be an approved fund upon the Minister declaring that it shall cease to be so;
ACT 452 - EMPLOYEES PROVIDENT FUND ACT 1991
2. Interpretation.