Malaysia legislation
Section 4
Seksyen 4
Seksyen 2 Akta Cukai Pendapatan 1967, yang disebut “Akta ibu”
dalam Bab ini, dipinda—
(a)
dengan menggantikan tafsiran “approved loan” dalam subseksyen (1) dengan yang berikut:
‘ “approved loan” means any loan or credit made to the Government, State Government (including any loan or credit made to a person other than the Government or
State Government where the loan or credit is guaranteed by the Government or State Government), local authority or statutory body by a person not resident in Malaysia where the loan or credit agreement was executed in
Malaysia or where the loan or credit agreement was executed outside Malaysia with the prior approval of the
Minister;’;
10
Undang-Undang Malaysia
(b)
dengan memotong tafsiran “long-term loan” dalam subseksyen (1);
(c)
dengan memotong tafsiran “shareholders’ funds” dalam subseksyen (1); dan
(d)
dengan memasukkan sebaik sahaja subseksyen (6), subseksyen baharu (7) yang berikut:
“(7) Any reference in this Act to interest shall apply, mutatis mutandis, to gains or profits received and expenses incurred, in lieu of interest, in transactions conducted in accordance with the Syariah.”.
Pindaan seksyen 3A