Malaysia legislation
Section 1
Section 1
(2)
Subject to section 2, this Act shall be read and construed as one with the Income Tax Act 1967 [Act 53] (hereinafter referred to as the
“principal Act”).
(3)
This Act shall be deemed to have come into force on 1 January 1986 and shall have effect for the year of assessment 1987
and subsequent years of assessment:
Provided that where approval in respect of any application, whether made before or after the commencement of this Act, is granted under
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this Act retrospectively from a date prior to 1 January 1986, this Act shall have effect from such date.
(4)
Notwithstanding subsection (3), sections 36 and 39 shall have effect only in respect of manufactured products and agricultural produce exported on or after 1 January 1986.
Interpretation