Malaysia legislation
Section 6
Section 6
Amendment of section 18
which in this Chapter is referred to as “the principal Act”, is amended—
(a)
by substituting for the full stop at the end of paragraph
(l)
the sign and the word “; or”; and
(b)
by inserting immediately after paragraph (l) the following new paragraph (m):
“(m) any sum paid by way of rentals in respect of a motor vehicle (other than a lorry, truck, bus, mini bus, van or station wagon licensed or permitted by the appropriate authority for commercial transportation of goods or passengers)
in excess of twenty-five thousand ringgit:
Provided that the maximum amount of deduction of rentals in respect of such motor vehicle in the year of assessment and subsequent years of assessment shall not in the aggregate exceed twenty-five thousand ringgit in respect of the said motor vehicle.”.
7
Finance
Amendment of Schedule 2