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.