AKTA KEWANGAN 1994

Seksyen 4, 10(a) dan 11 hendaklah disifatkan telah mula berkuatkuasa pada 1hb Jun 1991.

Mula berkuatkuasanya pindaan kepada Akta Cukai Pendapatan 1967.

Seksyen 7, 8(d), 12, 14, dan 29 hendaklah mula berkuatkuasa pada 1hb Januari 1994.

Seksyen 13 hendaklah disifatkan telah mula berkuatkuasa pada 1hb Januari 1993.

Seksyen 28(d) hendaklah disifatkan telah mula berkuatkuasa pada 16hb Februari 1993.

Seksyen 17,18,19,20,21,22,23,24 dan 25 hendaklah berkuatkuasa apabila Akta ini mula berkuatkuasa.

dengan menggantikan perkataan "sixty" dalam perenggan (a) dengan perkataan "ninety"; dan

dengan menggantikan perkataan "thirty" dalam perenggan (b) dengan perkataan "fifty".

dalam subseksyen (4), dengan menggantikan perkataan "fifteen" dalam perenggan (a) dengan perkataan "sixteen";

dalam subseksyen (6)—

dengan memotong perkataan "and" di akhir perenggan (e);

dalam subseksyen (6), dengan menggantikan noktah dengan noktah bertindih;

dengan memasukkan selepas subseksyen (6) proviso yang berikut:

"Provided that in respect of any gift of money made by him during the period from 1st November 1993 to 31st January 1994 to the Government low-cost housing fund managed by the Central Bank of Malaysia, there shall be given a further deduction of an amount equal to that gift of money.";

dalam subseksyen (7), dalam takrif "organisation", dengan menggantikan noktah di akhir perenggan (g) dengan tanda baca dan perkataan "; or"; dan

dalam subseksyen (7), dalam takrif "organisation", dengan memasukkan selepas perenggan (g) perenggan yang berikut:

“(h) an organisation established exclusively for the conservation or protection of the environment.".

in respect of a child who at any time in the basis year for that year of assessment is over the age of eighteen years and—

is receiving full-time instruction at a university, college or other establishment (similar to a university or college) of higher education; or

where that individual is resident in East Malaysia for that basis year, in respect of a child who for the whole or part of that basis year is receiving full-time instruction at a school or other educational institution in West Malaysia and who commenced receiving such instruction in the basis year for the year of assessment 1994 or in the basis year for any prior year of assessment, then that individual shall be entitled to, in substitution for the ordinary deduction, the deduction in respect of a child receiving further education in Malaysia referred to in paragraph (a)."

dalam perenggan (1)(b), dengan meng-gantikan perkataan-perkataan "Employees Provident Fund Ordinance 1951" dengan perkataan-perkataan "Employees Provident Fund Act 1991";

dalam subseksyen (1), dengan menggantikan perkataan-perkataan "three thousand five hundred" dengan perkataan-perkataan "five thousand";

dalam subseksyen (1A), dengan menggantikan perkataan-perkataan "three thousand five hundred" di mana-mana jua terdapat dalam subseksyen itu dengan perkataan-perkataan "five thousand"; dan

dengan menggantikan rujukan birai "F.M. 21/51." dengan rujukan birai "Act 452.".

dalam perenggan (3)(c), dengan menggantikan perkataan-perkataan "Employees Provident Fund Ordinance 1951" dengan perkataan-perkataan "Employees Provident Fund Act 1991"; dan

dengan menggantikan rujukan birai "F.M. 21/51." dengan rujukan birai "Act 452.".

dalam takrif "approved operational headquarters company", dengan menggantikan koma dalam perenggan (c) dengan koma bernoktah;

dalam takrif "approved operational headquarters company", dengan memotong perkataan-perkataan "but does not include a company which carries on a finance business or which provides professional services;"; dan

dalam takrif "qualifying services", dengan menggantikan perenggan (b) dengan perenggan yang berikut:

“(b) provision of treasury and fund management services to its offices outside Malaysia or its related companies outside Malaysia and, where such services include the provision of credit facilities, where the funds for providing such facilities are obtained from outside Malaysia; and".

dengan menggantikan noktah di akhir subseksyen (1) dengan noktah bertindih; dan

dengan memasukkan selepas subseksyen (1) proviso yang berikut:

"Provided that where no such nomination has been made by a Ruler or Ruling Chief, section 66 shall apply to such Ruler or Ruling Chief.".

dengan memasukkan selepas subseksyen (2B) subseksyen yang berikut:

" (2c) Notwithstanding any other provision of this Act, where a dividend is paid, credited or distributed with or without deduction of tax during the basis year for the year of assessment 1994, the amount of the dividend received by the shareholder shall be deemed to be a dividend of such a gross amount as after deduction of tax at the rate of thirty-two per cent would be equal to—

the amount in fact paid or credited; or

where the dividend consists of property other than money,the amount of the market value of that property at the time of the dividend's distribution, and a sum equal to the difference between that gross amount and the amount mentioned in paragraph (a) or (b), as the case may be, shall be deemed to have been deducted from the dividend as tax."; dan

dengan memasukkan selepas subseksyen (4B) subseksyen yang berikut:

" (4c) In any case where tax has been deducted or deemed to have been deducted at the rate of thirty-four per cent on any dividend paid, credited or distributed during the basis year for the year of assessment 1994 to which subsection (2c) applies, the compared total shall be determined at the rate of thirty-two per cent."

Pindaan seksyen 110.

dalam subperenggan $ 3 7^{\mathrm{B}}(a) $ , dengan menggantikan perkataan-perkataan "section $ 3 4{\mathrm{A}}(1)(a) $ dengan perkataan-perkataan "sections $ 3 4{\mathrm{A}}(1)(a) $ and $ 3 4^{\mathrm{B}}(4) $ ; dan

dengan memasukkan selepas perenggan 42 perenggan yang berikut:

"42A. (1) Where a person carrying on a business of manufacturing has incurred in the basis period for a year of assessment expenditure on the construction or purchase of a building for the purposes of that business for the provision of living accommodation for individuals employed by him in that business, that building shall be treated as an industrial building for the purposes of that business at any time that it is occupied by individuals so employed, and there shall be substituted for the amount of the allowance which would otherwise fall to be made to him under paragraph 12, 16, 17 or 42 an allowance equal to one-tenth of the qualifying expenditure for that year and for each of the nine following years of assessment.

Where a person has for the purposes of a business of his incurred in the basis period for a year of assessment expenditure on the construction or purchase of a building for the purposes of that business for the provision of child care facilities for individuals employed by him in that business, that building shall be treated as an industrial building for the purposes of that business at any time that it is used by individuals so employed, and there shall be substituted for the amount of the allowance which would otherwise fall to be made to him under paragraph 12, 16, 17 or 42 an allowance equal to one-tenth of the qualifying expenditure for that year and for each of the nine following years of assessment.

Notwithstanding any other provision of this Schedule, for the purposes of this paragraph the qualifying expenditure in the case of a purchased building shall be the purchase price of that building.

For the purposes of subparagraph (1), "individuals employed by him" does not include a director, an individual having control of that business or an individual who is a member of the management, administrative or clerical staff engaged in that business.".

dalam perenggan 32, dengan memasukkan selepas perkataan "work" tanda kurung dan perkataan-perkataan "（other than any original painting)";

dalam perenggan $ 3 2{\mathrm{A}} $—

dengan menggantikan perkataan "six" dengan perkataan "twelve"; dan

dalam perenggan $ 3 2^{\mathrm{B}} $—

dengan menggantikan perkataan "twelve" dengan perkataan "twenty";

dalam perenggan 35—

dengan menggantikan noktah di akhir subperenggan (c) dengan tanda baca dan perkataan "; or"; dan

dengan menggantikan perenggan 1 dengan perenggan yang berikut:

forty per cent of the capital expenditure incurred prior to the first of January 1994; and

dengan menggantikan subperenggan 2(b) dengan subperenggan yang berikut:

"(b) shall be given only in respect of expenditure incurred from the first of January 1979.".

Seksyen 34(b) hendaklah berkuatkuasa bagi tahun taksiran 1994 dan tahun-tahun taksiran yang berikutnya.

dalam takrif "chargeable person" dalam subseksyen (1), dengan memasukkan selepas subperenggan (i) subperenggan yang berikut:

“(ii) Malaysia-Thailand Joint Authority,";

dalam takrif "chargeable person" dalam subseksyen (1), dengan menomborkan semula subperenggan (ii) yang sedia ada sebagai subperenggan (iii);

dengan memasukkan selepas takrif "entertainment" dalam subseksyen (1) takrif yang berikut:

"Joint Development Area" has the meaning assigned thereto by the Malaysia-Thailand Joint Authority Act 1990;';

dalam takrif "petroleum agreement" dalam subseksyen (1), dengan memasukkan selepas perkataan-perkataan "Petroleum Nasional

Berhad" perkataan-perkataan "or the Malaysia-Thailand Joint Authority";

dalam subseksyen (2), dengan memasukkan selepas perkataan-perkataan "Petroleum Nasional Berhad" perkataan-perkataan "or the Malaysia-Thailand Joint Authority";

dalam subperenggan (4)(a)(ii), dengan memasukkan selepas perkataan-perkataan "Petroleum Nasional Berhad" perkataan-perkataan "or the Malaysia-Thailand Joint Authority"; dan

dengan memasukkan selepas subseksyen (4) subseksyen yang berikut:

" (5) For the purposes of this Act, the date of production in relation to a petroleum agreement with the Malaysia-Thailand Joint Authority means the date of first commercial production of petroleum under that agreement.".

Pindaan seksyen 4.

dengan menomborkan semula seksyen 23 yang sedia ada sebagai subseksyen 23(1);

dengan menggantikan perkataan-perkataan "forty-five" dalam subseksyen 23(1) yang telah dinomborkan semula dengan perkataan "forty"; dan

dengan memasukkan selepas subseksyen (1) yang telah dinomborkan semula subseksyen yang berikut:

"（2）Notwithstanding subsection (1), the chargeable tax for any year of assessment of a chargeable person on income derived from petroleum operations in the Joint Development Area shall be an amount equal to—

zero per cent of the chargeable income ascertained from income for any of the first eight years of production; or

ten per cent of the chargeable income ascertained from income for any of the next seven years of production; or

twenty per cent of the chargeable income ascertained from income for any subsequent year of production:

Provided that where the chargeable income ascertained relates to income from two production periods, that chargeable income shall be apportioned to each of those periods (the apportionment being made in the proportion that the number of months of the relevant production period bears to the number of months of that basis period) and the chargeable tax shall be arrived at by applying the rate applicable to each of the relevant production periods to the chargeable income so apportioned.

For the purposes of subsection (2), the "production period" means the number of years of production referred to in paragraph (a), (b) or (c) of subsection (2), as the case may be.".

Any order made under subsection (1) shall be laid before the House of Representatives.

Nothing in subsection (1) shall absolve or be deemed to have absolved the said chargeable person from complying with any requirement to submit any return or statement of accounts or to furnish any other information under the provisions of this Act in respect of the income exempted under this section.".

dalam subperenggan 41(b), dengan memasukkan selepas perkataan-perkataan "Petroleum Nasional Berhad" perkataan-perkataan "or the Malaysia-Thailand Joint Authority"; dan

dalam perenggan 48A, dengan memasukkan selepas perkataan-perkataan "Petroleum Nasional Berhad" perkataan-perkataan "or the Malaysia-Thailand Joint Authority".

dengan memasukkan selepas perkataan "January" suatu koma;

dengan menggantikan perkataan-perkataan "and the 1st day of July" dengan perkataan-perkataan "the 1st day of April, the 1st day of July and the 1st day of October"; dan

dengan menggantikan perkataan "eight" dengan perkataan "fourteen".

Seseorang banker, broker saham atau penanggung insurans yang diberikuasa di bawah subseksyen 9(1) Akta ibu sebelum 1hb Januari 1994 hendaklah dari tarikh itu tertakluk kepada syarat-syarat dalam subseksyen itu sebagaimana yang dipinda oleh subseksyen (1) seksyen ini.

dalam subseksyen (2), dengan memasukkan selepas perkataan "chargeable" perkataan-perkataan "or the further amount payable under section 9(1)(c)";

dalam subseksyen (3), dengan memasukkan selepas angka “(1)” perkataan dan angka “or (2)”; dan

dalam subseksyen (3), dengan memasukkan selepas perkataan "such" perkataan dan tanda baca "exemption,".

dalam butiran 31, di bawah tajuk "Proper Stamp Duty", dengan menggantikan amaun "$1.00" dengan amaun "$1.50"; dan

dengan memotong butiran 70.