ENACTMENT NO. 2 OF 1966 KELANTAN COUNCIL OF RELIGION AND MALAY CUSTOM ENACTMENT, 1966
PART VII - GENERAL
Section 82. Provident Fund.
(1) The Majlis shall have power to institute and administer a provident fund for the benefit of any or all of the employees of the Majlis.
(2) The Majlis shall itself be the sole trustee of any such provident fund, and shall hold all monies, investments and assets appertaining thereto as a segregated fund.
(3) The Majlis may appoint a Managing Committee to administer any such provident fund and such Managing Committee may include persons not members of the Majlis and persons who are beneficiaries of the fund.
(4) The Majlis may invest any monies or assets of any such provident fund in any of the investment by this Enactment authorised for the investment of monies and assets constituting the General Endowment Fund, and shall have the like powers in respect of change of investment, employment of bankers and similar matters as related to the General Endowment Fund.
(5) The Majlis may contribute to any such provident fund out of monies and assets constituting the General Endowment Fund.
(6) The Majlis may, with the approval in writing of His Highness the Sultan, make rules to regulate -
(a) the institution, organization, administration and management of the provident fund;
(b) the proceedings of the Managing Committee;
(c) the proceedings of meetings of contributors to the provident fund;
(d) the eligibility of contributors to the provident fund;
(e) the amount of contributions and the terms upon which they will be received and paid out;
(f) the absorption of other provident funds or similar institutions;
(g) the alteration or amendment of the rules government the provident fund; and
(h) the winding-up of the provident fund.
(7) The Majlis may discontinue and wind up any such provident fund.
(8) The expenses of managing and administering any such provident fund shall be borne by the fund.