Malaysia legislation

Section 22C

of *LABUAN BUSINESS ACTIVITY TAX ACT 1990

Section 22C

The Director General may by notice in writing require any person to furnish within a time specified in the notice, not being less than thirty days from the date of service of the notice, a statement containing particulars of—

(a)

all banking accounts, being accounts which are in existence or have been in existence at any time during a period to be specified in the notice,—

(i)

in his own name or in the name of a wife or dependent child of his or jointly in any such names;

(ii)

in which he is or has been interested jointly or solely;

or

(iii)

on which he has or has had power to operate jointly or solely;

(b)

all savings and loan accounts, deposits, building society accounts and co-operative society accounts in regard to which he has or has had any interest or power to operate jointly or severally during that period;

(c)

all assets which he and any wife or dependent child of his possess or have possessed during that period;

(d)

all sources of his and the gross income from those sources;

and

(e)

all facts bearing upon his present or past chargeability to tax.

Power to access buildings and documents, etc.

Section 22C — AKTA CUKAI AKTIVITI PERNIAGAAN LABUAN 1990