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FINANCE ACT 1997
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About this act
FINANCE ACT 1997 is Malaysia Act, cited as Act 557 1997, currently marked in force and first recorded in 1997.
Opening note
Preamble
- An Act to amend the Income Tax Act 1967, the Petroleum (Income Tax) Act 1967, the Real Property Gains Tax Act 1976, the Labuan Offshore Business Activity Tax Act 1990, the Service Tax Act 1975, the Sales Tax Act 1972, the Customs Act 1967 and the Free Zones Act 1990, and to repeal the Cinematograph Film-Hire Duty Act 1965. [ ] BE IT ENACTED by the Seri Paduka Baginda Yang Di-Pertuan Agong with the advice and consent of the Dewan Negara and Dewan Rakyat in Parliament assembled, and by the authority of the same, as follows:
Chapter I
CHAPTER I
Section 1
This Act may be cited as the Finance Act 1997.
Section 2
Amendments and repeal
(2)
The Cinematograph Film-Hire Duty Act 1965 [Act 434] is repealed in the manner specified in Chapter X.
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AMENDMENTS TO THE INCOME TAX ACT 1967
Commencement of amendments to the Income Tax Act 1967
Section 3
(2)
Paragraphs 4(a) and 19(b) and sections 16, 17 and 18 shall be deemed to have come into force on 25 October 1996.
(3)
Paragraphs 4(b) and 19(a) and sections 5, 7, 15 and 21 shall come into force on 1 January 1997.
(4)
Section 20 shall be deemed to have come into force on 2
August 1996.
Amendment of section 2
Section 4
The Income Tax Act 1967 [Act 53], which in this Chapter is referred to as the “principal Act”, is amended in subsection 2(1)—
(a)
in the definition of “approved loan” by inserting after the words “a person” in paragraph (b) the words “pursuant to an application received prior to 25 October 1996”; and
(b)
in the definition of “royalty” by substituting for subparagraph (a)(i) the following subparagraph:
“(i) copyrights, artistic or scientific works, patents, designs or models, plans, secret processes or formulae, trademarks, or tapes for radio or television broadcasting, motion picture films, films or video tapes or other means of reproduction where such films or tapes have been or are to be used or reproduced in Malaysia or other like property or rights;”.
9
Finance
Amendment of section 4A
Section 5
Paragraph 4A(iii) of the principal Act is amended by deleting the words “, not being payments of film rentals, where the duty is leviable under the Cinematograph Film-Hire Duty Act 1965,”.
Section 6
Amendment of section 13
Subparagraph 13(1)(b)(i) of the principal Act is amended by inserting after the words “dental treatment” the words “or a benefit for child care”.
Section 7
Amendment of section 15A
Paragraph 15A(c) of the principal Act is amended by deleting the words “, not being payments of film rentals, where the duty is leviable under the Cinematograph Film-Hire Duty Act 1965,”.
Section 8
Amendment of section 34
(b)
in paragraph (g) by substituting for the full stop at the end of the paragraph a semicolon; and
(c)
by inserting after paragraph (g) the following paragraphs:
“(h) an amount equal to the expenditure incurred by the relevant person in the relevant period on the provision of services, public amenities and contributions to a charity or community project pertaining to education, health, housing and infrastructure, approved by the relevant authority:
Provided that where a deduction has been made under this paragraph, no further deduction of the same amount shall be allowed under subsection 44(6);
10
(i)
an amount equal to the expenditure incurred, not being capital expenditure on land, premises, buildings, structures or works of a permanent nature or on alterations, additions or extensions thereof or in the acquisition of any rights in or over any property, by the relevant person in the relevant period on the provision and maintenance of a child care centre for the benefit of persons employed by him in his business; and
(j)
an amount equal to the expenditure incurred by the relevant person in the relevant period in establishing and managing a musical or cultural group approved by the Minister.”.
Amendment of section 39
Section 9
Subsection 39(1) of the principal Act is amended—
(a)
in paragraph (f) by substituting for the semicolon at the end of the paragraph a colon and inserting thereafter the following proviso:
“Provided that this paragraph shall not apply if the payer has paid the amount referred to in subsection (2)
of that section.”;
(b)
in paragraph (i) by substituting for the semicolon at the end of the paragraph a colon and inserting thereafter the following proviso:
“Provided that this paragraph shall not apply if the payer has paid the amount referred to in subsection (2)
of that section.”; and
(c)
in paragraph (j) by substituting for the semicolon at the end of the paragraph a colon and inserting thereafter the following proviso:
“Provided that this paragraph shall not apply if the payer has paid the amount referred to in subsection (2)
of that section.”.
11
Finance
Amendment of section 44
Section 10
Section 44 of the principal Act is amended—
(b)
by inserting after subsection (6) the following subsection:
“(6A) There shall be deducted pursuant to this subsection from the aggregate income of a person for the relevant year reduced by any deduction falling to be made for that year pursuant to subsection (2) or
Schedule
Schedule 4, 4A or 4B, an amount equal to the value, as determined by the Department of Museum and
Antiquities or the National Archives of any gift of artefact or manuscript made by him in the basis year for that year to the Government or State Government.”;
and
(c)
in subsection (7) in the definition of “institution” by substituting for paragraph (f) the following paragraph:
“(f) a technical or vocational training institution;”.
Amendment of section 46 11.
Section 46 of the principal Act is amended—
(a)
by renumbering the existing section 46 as subsection 46(1);
(b)
in paragraph (e) by deleting the word “and” at the end of the paragraph;
(c)
in paragraph (f) by substituting for the full stop at the end of the paragraph the words “; and”;
(d)
by inserting after paragraph (f) the following paragraph:
“(g) an amount limited to a maximum of five thousand ringgit in respect of medical expenses expended in that basis year by that individual on himself if he is suffering from a serious disease or on his wife or child who is suffering from a serious disease, or in the case of a wife, on herself if she
12
is suffering from a serious disease or on her husband or child who is suffering from a serious disease:
Provided that the claim is evidenced by a receipt and certification issued by a medical practitioner that treatment was provided to the individual, spouse or child for that disease:
Provided further that where the wife has no total income the total deduction under this paragraph shall not exceed five thousand ringgit.”; and
(e)
by inserting after subsection (1) the following subsection:
“(2) In paragraph (1)(g)—
“child” shall be construed as referring to a child as defined in subsection 48(9);
“serious disease” includes acquired immunity deficiency syndrome, Parkinson’s disease, cancer, renal failure, leukaemia and other similar diseases.”.
Amendment of section 49 12.
Section 49 of the principal Act is amended by substituting for subsection (2) the following subsection:
“(2) For the purposes of subsection (1), no regard shall be had to any contribution to an approved scheme unless the contribution was obligatory by reason of—
(a)
any contract of employment of the individual claiming a deduction in respect of the contribution; or
(b)
any provision in the rules, regulations, by-laws or constitution of the scheme, and, where the contribution was partly obligatory by reason of such a contract or provision and partly not so obligatory, regard shall be had only to the part which was so obligatory.”.
13
Finance
Amendment of section 60G
13.
Subsection 60G(6) of the principal Act is amended by substituting for the definition of “foreign fund management company”
the following definition:
“foreign fund management company” means a company incorporated in Malaysia and licensed under the Securities
Industry Act 1983 [Act 280];’.
New section 60H
14.
The principal Act is amended by inserting after section 60G the following section:
“Closed-end fund company 60H. (1) This section shall apply to a closed-end fund company resident in Malaysia for the basis year for a year of assessment.
(2)
Where a closed-end fund company receives an amount in respect of gains from the realization of investments in the basis period for a year of assessment such amount shall be exempt from tax for that year of assessment.
(3)
Paragraphs 5 and 6 of Schedule 7A shall apply, mutatis mutandis, to the amount exempted under subsection (2) and paragraph 35 of Schedule 6 (where applicable).
(4)
In ascertaining the total income of a closed-end fund company for the basis period for a year of assessment there shall be deducted before any deduction falling to be made under paragraph 44(1)(c)
an amount in respect of expenses incurred by that closed-end fund company during that period, which amount shall be determined in accordance with the formula
A x B
4C where
A is the total of the permitted expenses incurred for that basis period;
B is the gross income consisting of dividend and interest chargeable to tax for that basis period; and
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C is the aggregate of the gross income consisting of dividend and interest (whether exempt or not) and gains made from the realization of investments
(whether chargeable to tax or not) for that basis period:
Provided that—
(a)
the amount of deduction to be made shall not be less than ten per cent of the total permitted expenses incurred for that basis period; and
(b)
where, by reason of an absence or insufficiency of aggregate income for that year of assessment, effect cannot be given or cannot be given in full to any deduction falling to be made to the closed-end fund company under this section for that year, that deduction which has not been so made shall not be made to the closed-end fund company for any subsequent year of assessment.
(5)
For the purposes of this section —
“closed-end fund company” means a public limited company incorporated in Malaysia and approved by the Securities Commission to engage wholly in the investment of funds in securities;
“permitted expenses” means expenses incurred by a closed-end fund company in respect of—
(a)
manager’s remuneration;
(b)
maintenance of register of shareholders;
(c)
share registration expenses;
(d)
secretarial, audit and accounting fees, telephone charges, printing and stationery costs and postage;
“securities” means debentures, stocks and shares in a public company or corporation, or bonds of any government or any body corporate or unincorporate and includes any right or option in respect thereof and any interest in unit trust schemes.
(6)
Sections 33 and 34 shall not apply to a closed-end fund company.”.
15
Finance
Amendment of section 83 15.
Subsection 83(3) of the principal Act is amended by substituting for the full stop at the end of the proviso a colon and inserting the following further proviso:
“Provided further that an employer shall not be required to give the written notice under this subsection in respect of an individual—
(a)
where the income from the employment of that individual is subject to deduction under any rules made pursuant to paragraph 154(1)(a); or
(b)
where the total monthly remuneration from the employment of that individual is below the minimum amount of income that is subject to deduction under any rules made pursuant to paragraph 154(1)(a), and where it is known to him that the individual is not retiring from any employment.”.
Amendment of section 103 16.
Subsection 103(7) of the principal Act is amended by deleting the words “107A(2) or” and “or 109(2) or 109B(2)”.
Amendment of section 107A
17.
Section 107A of the principal Act is amended by substituting for subsection (2) the following subsection:
“(2) Where the payer fails to pay any amount due from him under subsection (1), that amount which he fails to pay shall be increased by an amount equal to ten per cent of the contract payment liable to deduction of tax under subsection (1) and the total sum shall be a debt due from him to the Government and shall be payable forthwith to the Director General.”.
16
Amendment of section 109 18.
Section 109 of the principal Act is amended by substituting for subsection (2) the following subsection:
“(2) Where the payer fails to pay any amount due from him under subsection (1), that amount which he fails to pay shall be increased by an amount equal to ten per cent of the interest or royalty liable to deduction of tax under subsection (1) and the total sum shall be a debt due from him to the Government and shall be payable forthwith to the Director General.”.
Amendment of section 109B
19.
Section 109B of the principal Act is amended—
(a)
in paragraph (1)(c) by deleting the words “, not being payments of film rentals, where the duty is leviable under the Cinematograph Film-Hire Duty Act 1965,”; and
(b)
by substituting for subsection (2) the following subsection:
“(2) Where the payer fails to pay any amount due from him under subsection (1), that amount which he fails to pay shall be increased by an amount equal to ten per cent of the payments liable to deduction of tax under paragraph (1)(a), (1)(b) or (1)(c) and the total sum shall be a debt due from him to the Government and shall be payable forthwith to the Director General.”.
Amendment of section 136 20.
Subsection 136(8) of the principal Act is amended by inserting after the words “to that officer” the words “or employee”.
Amendment of Schedule 1 21.
Part V of Schedule 1 to the principal Act is amended in paragraph (iii) by deleting the words “, not being payments of film rentals, where the duty is leviable under the Cinematograph Film-Hire Duty Act 1965”.
17
Finance
Amendment of Schedule 3 22.
Schedule
Schedule 3 to the principal Act is amended in subparagraph 42A(1) by substituting for the words “business of manufacturing”
the words “manufacturing, hotel or tourism business or an approved service project under Schedule 7B.”.
Amendment of Schedule 6 23.
Schedule
Schedule 6 to the principal Act is amended—
(a)
in subsubparagraph 12(1)(b) by substituting for the words
“five hundred thousand ringgit” the words “seven hundred and fifty thousand ringgit”;
(b)
by inserting after paragraph 32B the following paragraph:
“32C. Income of an individual resident in Malaysia in that basis year in respect of his performances in cultural performances approved by the Minister:
Provided that the exemption shall not apply where the payment arises to the individual as part of his emoluments in the exercise of his official duties.”; and
(c)
in subparagraph 35(c) by inserting after the words “Rating
Agency Malaysia Berhad” the words “or Malaysian Rating
Corporation Berhad”.
Amendment of Schedule 7A
24.
Schedule
Schedule 7A to the principal Act is amended—
(a)
in subparagraph 5(1) by substituting for the word “As”
at the beginning of the subparagraph the words “In the case of a company as”; and
(b)
by inserting after paragraph 9 the following paragraph:
“10. Except for paragraphs 1 and 5, this Schedule shall also apply to an agrobased co-operative society
(within the meaning assigned to it under the Farmers’
Organization Act 1973 [Act 109]), an Area Farmers’
Association, a National Farmers’ Association, a State
Farmers’ Association (within the meanings assigned to
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them under the Farmers’ Organization Act 1973
[Act 109]), an Area Fishermen’s Association, a National
Fishermen’s Association and a State Fishermen’s
Association (within the meanings assigned to them under the Fishermen’s Associations Act 1971 [Act 44]).”
CHAPTER III
AMENDMENTS TO THE PETROLEUM (INCOME TAX)
ACT 1967
Commencement of amendments to the Petroleum (Income Tax)
Act 1967
25. (1) Except for sections 26, 29, 30 and 31, this Chapter shall have effect for the year of assessment 1997 and subsequent years of assessment.
(2)
Sections 26, 29, 30 and 31 shall be deemed to have come into force on 2 August 1996.
Amendment of section 2 26.
The Petroleum (Income Tax) Act 1967, which in this Chapter is referred to as the “principal Act”, is amended in subsection 2(1)
by inserting after the definition of “entertainment” the following definition:
‘ “Inland Revenue Board of Malaysia” means the Inland
Revenue Board of Malaysia established under the Inland
Revenue Board of Malaysia Act 1995 [Act 533];’.
Amendment of section 16 27.
Section 16 of the principal Act is amended by inserting after subsection (7A) the following subsections:
“(7B) There shall be deducted from the relevant gross income an amount equal to the amount of expenditure incurred by the relevant chargeable person in the relevant period on the provision of services, public amenities and contributions to a charity or community project pertaining to education, health, housing and infrastructure, approved by the relevant authority:
Provided that where a deduction has been made under this paragraph, no further deduction of the same amount shall be allowed under subsection 22(1).
19
Finance
(7C)
There shall be deducted from the relevant gross income an amount equal to the expenditure incurred not being capital expenditure on land, premises, buildings, structures or works of a permanent nature or on alterations, additions or extensions thereof or in the acquisition of any rights in or over any property, by the relevant chargeable person in the relevant period on the provision and maintenance of a child care centre for the benefit of persons employed by him in his business.
(7D)
There shall be deducted from the relevant gross income an amount equal to the amount of expenditure incurred by the relevant chargeable person in the relevant period in establishing and managing a musical or cultural group approved by the
Minister.”.
Amendment of section 22 28.
Section 22 of the principal Act is amended by inserting after subsection (1) the following subsection:
“(1A) The chargeable income of a chargeable person for a year of assessment shall consist of the amount of his assessable income for that year reduced by an amount equal to the value, as determined by the Department of Museums and Antiquities or the National Archives, of any gift of artefact or manuscript made by him in the basis period for that year of assessment to the Government or State Government.”.
Amendment of section 69 29.
Section 69 of the principal Act is amended—
(a)
in subsection (5) by inserting after the words “public officer” the words “or any employee of the Inland Revenue
Board of Malaysia”;
(b)
in subsection (6) by inserting after the words “public officer” the words “or an employee of the Inland Revenue
Board of Malaysia”; and
(c)
in subsection (8) by inserting after the words “public officer” the words “or an employee of the Inland Revenue
Board of Malaysia” and after the words “to that officer”
the words “or employee”.
20
Amendment of section 70 30.
Subsection 70(2) of the principal Act is amended by inserting after the words “public officer” the words “or an employee of the
Inland Revenue Board of Malaysia.”.
Amendment of section 71 31.
Subsection 71(5) of the principal Act is amended in the definition of “classified person”—
(a)
by deleting the word “or” at the end of paragraph (b);
(b)
by inserting the word “or” at the end of paragraph (c);
and
(c)
by inserting after paragraph (c) the following paragraph:
“(d) any employee of the Inland Revenue Board of
Malaysia;”.
CHAPTER IV
AMENDMENTS TO THE REAL PROPERTY GAINS
TAX ACT 1976
Commencement of amendments to the Real Property Gains
Tax Act 1976
32. (1) Except for sections 33, 34, 35, 36 and 37, this Chapter shall be deemed to have come into force on 25 October 1996.
(2)
Sections 33, 34, 35, 36 and 37 shall be deemed to have come into force on 2 August 1996.
Amendment of section 2 33.
The Real Property Gains Tax Act 1976 [Act 169], which in this Chapter is referred to as the “principal Act”, is amended in subsection 2(1) by inserting after the definition of “income tax law” the following definition:
“Inland Revenue Board of Malaysia” means the Inland
Revenue Board of Malaysia established under the Inland
Revenue Board of Malaysia Act 1995 [Act 533];’ .
21
Finance
Amendment of section 45 34.
Section 45 of the principal Act is amended—
(a)
in subsection (5) by inserting after the words “public officer” the words “or an employee of the Inland Revenue
Board of Malaysia”;
(b)
in subsection (6) by inserting after the words “public officer” the words “or an employee of the Inland Revenue
Board of Malaysia”; and
(c)
in subsection (8) by inserting after the words “public officer” the words “or an employee of the Inland Revenue
Board of Malaysia” and after the words “to that officer”
the words “or employee”.
Amendment of section 46 35.
Subsection 46(2) of the principal Act is amended by inserting after the words “public officer” the words “or an employee of the
Inland Revenue Board of Malaysia”.
Amendment of section 47 36.
Subsection 47(5) of the principal Act is amended in the definition of “classified person”—
(a)
by deleting the word “or” at the end of paragraph (c);
(b)
by inserting the word “or” at the end of paragraph (d);
and
(c)
by inserting after paragraph (d) the following paragraph:
“(e) any employee of the Inland Revenue Board of
Malaysia;”.
Amendment of section 54 37.
Section 54 of the principal Act is amended by inserting after the words “public officer” the words “or employee of the Inland
Revenue Board of Malaysia”.
22
Amendment of Schedule 2 38.
Schedule
Schedule 2 to the principal Act is amended—
(a)
in subparagraph 1(1) in the definition of “relative” by deleting the words “uncle, aunt, nephew, niece, cousin,”;
(b)
in subsubparagraph 15(1)(a) by substituting for the word
“an” the words “a written”; and
(c)
in subsubparagraph 15(1)(b) by inserting after the words
“where there is no” the word “written”.
CHAPTER V
AMENDMENT TO THE LABUAN OFFSHORE BUSINESS
ACTIVITY TAX ACT 1990
Commencement of amendment to the Labuan Offshore Business
Activity Tax Act 1990 39.
This Chapter shall have effect for the year of assessment 1997 and subsequent years of assessment.
Amendment of section 2 40.
The Labuan Offshore Business Activity Tax Act 1990
[Act 445] is amended in subsection 2(1) by substituting for the definition of “offshore trust” the following definition:
‘ “offshore trust” has the meaning assigned thereto by the
Labuan Offshore Trusts Act 1996 [Act 554];’.
CHAPTER VI
AMENDMENTS TO THE SERVICE TAX ACT 1975
Commencement of amendments to the Service Tax Act 1975 41.
This Chapter shall be deemed to have come into force on 25
October 1996.
23
Finance
Amendment of section 2 42.
The Service Tax Act 1975 [Act 151], which in this Chapter is referred to as the “principal Act”, is amended in section 2 by inserting after the definition of “electronic data interchange” the following definition:
‘ “exported taxable service” means service supplied for and to a person in a country other than Malaysia (excluding
Langkawi, Labuan and free zones), provided that the service is not supplied in connection with goods or land situated in
Malaysia and the person is not in Malaysia at the time the service is performed;’.
Amendment of section 3 43.
Section 3 of the principal Act is amended by substituting for paragraph (a) the following paragraph:
“(a) any prescribed service (hereafter in this Act referred to as “taxable service”) provided by or in—
(i)
any prescribed professional establishment; or
(ii)
any prescribed establishment, except for exported taxable service;”.
Amendment of section 14 44.
Subsection 14(2) of the principal Act is amended by substituting for the word “six” wherever appearing the word “twelve”.
CHAPTER VII
AMENDMENT TO THE SALES TAX ACT 1972
Commencement of amendment to the Sales Tax Act 1972 45.
This Chapter shall be deemed to have come into force on 25
October 1996.
24
New section 2B
46.
The Sales Tax Act 1972 [Act 64] is amended by inserting after section 2A the following section:
“Licensed warehouse and licensed manufacturing warehouse deemed outside Malaysia 2B. For the purpose of this Act, a licensed warehouse and a licensed manufacturing warehouse shall be deemed to be a place outside Malaysia.
In this section, the expression “a licensed manufacturing warehouse” means a licensed warehouse in respect of which an additional licence to carry on any manufacturing process has been granted under section 65A of the Customs Act 1967
[Act 235].”.
CHAPTER VIII
AMENDMENT TO THE CUSTOMS ACT 1967
Commencement of amendment to the Customs Act 1967 47.
This Chapter shall be deemed to have come into force on 25 October 1996.
Amendment of section 65 48.
The Customs Act 1967 [Act 235] is amended in subsection 65(1) by inserting after the words “goods liable to customs duties” the words “and any other goods”.
CHAPTER IX
AMENDMENTS TO THE FREE ZONES ACT 1990
Commencement of amendments to the Free Zones Act 1990 49.
This Chapter shall be deemed to have come into force on 25
October 1996.
25
Finance
Amendment of section 2 50.
The Free Zones Act 1990 [Act 438], which in this Chapter is referred to as the “principal Act”, is amended in subsection 2(1)
by substituting for the definition of “commercial activity” the following definition:
‘ “commercial activity” includes trading (excluding retail trade), breaking bulk, grading, repacking, relabelling and transit;’.
Amendment of section 5 51.
Paragraph 5(2)(c) of the principal Act is amended by inserting after the word “package” the words “or otherwise”.
New section 6A
52.
The principal Act is amended by inserting after section 6 the following section:
“Retail trade in free zone 6A.
The Minister may, at his absolute discretion, authorize any retail trade to be conducted in a free zone and the
Minister may in relation to such authorization impose such conditions as he may deem fit.”.
Amendment of section 8 53.
Section 8 of the principal Act is amended by deleting subsections (2) and (3).
Amendment of section 9 54.
Section 9 of the principal Act is amended by inserting after the word “5” the words “, 6A”.
Amendment of section 10 55.
Section 10 of the principal Act is amended by substituting for subsection (3) the following subsection:
“(3) Notwithstanding anything to the contrary in any written law, the Minister may allow any activity to be carried out in a free zone subject to such conditions as he may deem fit to impose.”
26
Amendment of section 11 56.
Section 11 of the principal Act is amended—
(a)
in subsection (1) by deleting the words “and are approved by the Minister”; and
(b)
by substituting for subsection (2) the following subsection:
“(2) The Minister may, in any particular case, allow goods, other than those referred to in subsection (1), to be brought into a free industrial zone for any activity as he may approve and subject to such conditions as he may deem fit to impose.”.
Amendment of section 12 57.
Subsection 12(1) of the principal Act is amended by deleting the words “for retail trade or otherwise”.
Amendment of section 13 58.
Subsection 13(1) of the principal Act is amended by inserting after the word “maintain” the words “or allow”.
Amendment of section 30 59.
Paragraph 30(a) of the principal Act is amended by inserting after the word “5” the words “, 6A”.
CHAPTER X
REPEAL OF THE CINEMATOGRAPH FILM-HIRE DUTY
ACT 1965
Commencement of the repeal of the Cinematograph Film-Hire
Duty Act 1965 60.
This Chapter shall come into force on 1 January 1997.
Repeal 61.
The Cinematograph Film-Hire Duty Act 1965 [Act 434] is repealed.
27
Finance
Act 557
LIST OF AMENDMENTS
Amending law
Short title
In force from
– NIL –
28
Act 557
LIST OF SECTIONS AMENDED
Section
Amending authority
In force from
– NIL –
KUALA LUMPUR
Common questions
- What is AKTA KEWANGAN 1997?
- FINANCE ACT 1997 is Malaysia Act, cited as Act 557 1997, currently marked in force and first recorded in 1997.
- Is AKTA KEWANGAN 1997 still in force?
- Yes — AKTA KEWANGAN 1997 is currently in force.
- When did AKTA KEWANGAN 1997 take effect?
- AKTA KEWANGAN 1997 was first recorded in 1997.
- How many sections does AKTA KEWANGAN 1997 have?
- AKTA KEWANGAN 1997 contains 10 sections.
- Where can I read the official version of AKTA KEWANGAN 1997?
- The official text of AKTA KEWANGAN 1997 is published at lom.agc.gov.my.