Malaysia legislation

Section 14

of AKTA KEWANGAN 1995

Seksyen 14

Seksyen 60E Akta ibu adalah dipinda—

(a)

dengan memotong subseksyen (5);

(b)

dalam subseksyen (6) dengan memotong perkataan "or income exempt under subsection (5)"; dan

(c)

dalam subseksyen (7)—

(i)

dengan menggantikan takrif "approved operational headquarters company" dengan takrif yang berikut:

"approved operational headquarters company" means a company—

(a)

which carries on a business in Malaysia of providing qualifying services to its offices outside Malaysia or to its related companies outside Malaysia; and

(b)

which is approved by the Minister for the purposes of this section;";

(ii)

dengan memotong takrif "foreign company"; dan

(iii)

dalam subperenggan (a)(iii) takrif "qualifying services" dengan menggantikan perkataan "and components" dengan perkataan ",components and finished products".