Dormant Account Regulations
TABUNG ANGKATAN TENTERA (OPERATION AND REPAYMENT OF CONTRIBUTIONS OF DORMANT ACCOUNT) REGULATIONS 2009
Pursuant to the provisions of section 22 of the Tabung Angkatan Tentera Act 1973, LTAT with the approval of the Minister of Defense has established Tabung Angkatan Tentera (Operation And Repayment Of Contributions Of Dormant Account) Regulations 2009 which commenced on 2nd March 2009.
The regulations are designed to enhance efficiency in the operation and repayment of contribution accounts classified as dormant.
Based on these regulations, a contribution account which has been classified as dormant will be segregated and no dividends, bonuses or other benefits will be credited into any dormant account. Repayment of the contributions of these dormant accounts will be made to the Registrar of Unclaimed Money pursuant to Unclaimed Moneys Act 1965 if no claim for withdrawal is made by the contributors or his/her dependents within 2 years after the account has been classified as dormant.
Contributors eligible for contribution withdrawal are advised to complete withdrawal forms to avoid his/her accounts from being classified as dormant.
For further information, please contact LTAT.
INACTIVE CONTRIBUTORS IN THE LTAT’s VOLUNTARY SCHEME ACCOUNT
Pursuant to the Regulations of the Armed Forces Fund (Operation and Repayment Of Contributions Of Dormant Account) 2009 which commenced on 2nd March 2009, voluntary contribution account which remains inactive for 12 consecutive months no longer be eligible to receive dividends, bonuses and other benefits from LTAT. Repayment of the contributions of these dormant accounts will be made to the Registrar of Unclaimed Money pursuant to Unclaimed Moneys Act 1965 if no claim for withdrawal is made by the contributors or his/her dependents within 2 years after the account has been classified as dormant.
Attached are the names of the voluntary contributors whose contribution accounts have been classified as dormant. The effected contributors are advised to contact LTAT.
LIST OF VOLUNTARY CONTRIBUTION ACCOUNTS CLASSIFIED AS DORMANT
INACTIVE CONTRIBUTORS IN THE LTAT’s COMPULSORY SCHEME ACCOUNT (LLP)
Pursuant to the Regulations of the Armed Forces Fund (Operation and Repayment Of Contributions Of Dormant Account) 2009 which commenced on 2nd March 2009, a contribution account which has been classified as dormant will be segregated and no dividends, bonuses or other benefits will be credited into any dormant account. Repayment of the contributions of these dormant accounts will be made to the Registrar of Unclaimed Money pursuant to Unclaimed Moneys Act 1965 if no claim for withdrawal is made by the contributors or his/her dependents within 2 years after the account has been classified as dormant.
Attached are the names of the compulsory contributors (LLP) whose contribution account have been classified as dormant. The effected contributors are advised to contact LTAT.
LIST OF COMPULSORY CONTRIBUTION ACCOUNTS CLASSIFIED AS DORMANT
For further clarifications, please contact the following officers:-
Suhaimi Mat Arshad (Senior Associate, Contributors Management Department)
Sharifah Hamdan (Executive, Contributors Management Department)
Toll Free :- 1-300-38-5828 Ext. 1305 & 1312