AKTA KEWANGAN 1997

Akta Duti Sewa Filem Wayang Gambar 1965 adalah dimansuhkan mengikut cara yang dinyatakan dalam Bab X.

Perenggan 4(a) dan 19(b) dan seksyen 16, 17 dan 18 hendaklah disifatkan telah mula berkuatkuasa pada 25 Oktober 1996.

Perenggan 4(b) dan 19(a) dan seksyen 5,7,15 dan 21 hendaklah mula berkuatkuasa pada 1 Januari 1997.

Seksyen 20 hendaklah disifatkan telah mula berkuatkuasa pada 2 Ogos 1996.

dalam takrif "approved loan" dengan memasukkan selepas perkataan "a person" dalam perenggan (b) perkataan "pursuant to an application received prior to 25 October 1996"; dan

dalam takrif "royalty" dengan menggantikan subperenggan (a) (i) dengan subperenggan yang berikut:

"(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;".

Kewangan

dalam perenggan (f) dengan memotong perkataan "and" di hujung perenggan itu;

dalam perenggan (g) dengan menggantikan noktah di hujung perenggan itu dengan koma bertitik; dan

dengan memasukkan selepas perenggan (g) perenggan yang berikut:

"（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 section 44(6);

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

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.".

dalam perenggan (f) dengan menggantikan koma bertitik di hujung perenggan itu dengan noktah bertindih dan memasukkan selepas itu proviso yang berikut:

"Provided that this paragraph shall not apply if the payer has paid the amount referred to in subsection (2) of that section.";

dalam perenggan (i) dengan menggantikan koma bertitik di hujung perenggan itu dengan noktah bertindih dan memasukkan selepas itu proviso yang berikut:

"Provided that this paragraph shall not apply if the payer has paid the amount referred to in subsection (2) of that section."; dan

dalam perenggan (j) dengan menggantikan koma bertitik di hujung perenggan itu dengan noktah bertindih dan memasukkan selepas itu proviso yang berikut:

"Provided that this paragraph shall not apply if the payer has paid the amount referred to in subsection (2) of that section."

dalam perenggan (1)(c) dengan memasukkan selepas perkataan “(6)” perkataan “or (6A)”;

dengan memasukkan selepas subseksyen (6) subseksyen yang berikut:

"（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 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."; dan

dalam subseksyen (7) dalam takrif "institution" dengan menggantikan perenggan (f) dengan perenggan yang berikut:

"（f）a technical or vocational training institution;".

dengan menomborkan semula seksyen 46 yang sedia ada sebagai subseksyen 46(1);

dalam perenggan (e) dengan memotong perkataan "and" di hujung perenggan itu;

dalam perenggan (f) dengan menggantikan noktah di hujung perenggan itu dengan perkataan "; and"; dan

dengan memasukkan selepas perenggan (f) perenggan yang berikut:

"(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 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."; dan

dengan memasukkan selepas subseksyen (1) subseksyen yang berikut:

“(2) In subsection (1)(g)—

"child" shall be construed as referring to a child as defined in section 48(9);

"serious disease" includes acquired immunity deficiency syndrome, Parkinson's disease, cancer, renal failure, leukaemia and other similar diseases.".

any contract of employment of the individual claiming a deduction in respect of the contribution; or

any provision in the rules, regulations, bylaws 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.".

Where a closed-end fund company receives an amount in respect of gains from the realisation of investments in the basis period for a year of assessment such amount shall be exempt from tax for that year of assessment.

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).

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 section 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

$$

\mathrm {A x} \frac {\mathrm {B}}{4 \mathrm {C}}

$$

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

C is the aggregate of the gross income consisting of dividend and interest (whether exempt or not) and gains made from the realisation of investments

(whether chargeable to tax or not) for that basis period:

Provided that—

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—

Sections 33 and 34 shall not apply to a closed-end fund company.".

where the income from the employment of that individual is subject to deduction under any rules made pursuant to section 154(1)(a); or

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 section 154(1)(a), and where it is known to him that the individual is not retiring from any employment.".

dalam perenggan (1)(c) dengan memotong perkataan ", not being payments of film rentals, where the duty is leviable under the Cinematograph Film-Hire Duty Act 1965,"; dan

dengan menggantikan subseksyen (2) dengan subseksyen yang berikut:

"(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 subsection (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."

dalam subperenggan 12(1)(b) dengan menggantikan perkataan "five hundred thousand ringgit" dengan perkataan "seven hundred and fifty thousand ringgit";

dengan memasukkan selepas perenggan $ 3 2^{\mathrm{B}} $ perenggan yang berikut:

"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."; dan

dalam subperenggan 35(c) dengan memasukkan selepas perkataan "Rating Agency Malaysia Berhad" perkataan "or Malaysian Rating Corporation Berhad".

dalam subperenggan 5(1) dengan menggantikan perkataan "As" di permulaan subperenggan itu dengan perkataan "In the case of a company as"; dan

dengan memasukkan selepas perenggan 9 perenggan yang berikut:

Seksyen 26,29,30 dan 31 hendaklah disifatkan telah mula berkuatkuasa pada 2 Ogos 1996.

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.

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.".

dalam subseksyen (5) dengan memasukkan selepas perkataan "public officer" perkataan "or any employee of the Inland Revenue Board of Malaysia";

dalam subseksyen (6) dengan memasukkan selepas perkataan "public officer" perkataan "or an employee of the Inland Revenue Board of Malaysia"; dan

dalam subseksyen (8) dengan memasukkan selepas perkataan "public officer" perkataan "or an employee of the Inland Revenue Board of Malaysia" dan selepas perkataan "to that officer" perkataan "or employee".

Pindaan seksyen 70.

dengan memotong perkataan "or" di hujung perenggan (b);

dengan memasukkan perkataan "or" di hujung perenggan (c); dan

dengan memasukkan selepas perenggan (c) perenggan yang berikut:

"（d) any employee of the Inland Revenue Board of Malaysia;".

Seksyen 33,34,35,36 dan 37 hendaklah disifatkan telah mula berkuatkuasa pada 2 Ogos 1996.

dalam subseksyen (5) dengan memasukkan selepas perkataan "pegawai awam" perkataan "atau pekerja Lembaga Hasil Dalam Negeri Malaysia";

dalam subseksyen (6) dengan memasukkan selepas perkataan "pegawai awam" perkataan "atau pekerja Lembaga Hasil Dalam Negeri Malaysia"; dan

dalam subseksyen (8) dengan memasukkan selepas perkataan "pegawai awam" perkataan "atau pekerja Lembaga Hasil Dalam Negeri Malaysia" dan selepas perkataan "mengenai pegawai itu" perkataan "atau pekerja itu".

dengan memotong perkataan "atau" di hujung perenggan (c);

dengan memasukkan perkataan "atau" di hujung perenggan (d); dan

dengan memasukkan selepas perenggan (d) perenggan yang berikut:

“(e) mana-mana pekerja Lembaga Hasil Dalam Negeri Malaysia;”.

dalam subperenggan 1(1) dalam takrif "saudara" dengan memotong perkataan "bapa saudara, emak saudara, anak saudara, sepupu,";

dalam subsubperenggan 15(1)(a) dengan memasukkan selepas perkataan "suatu perjanjian" perkataan "bertulis"; dan

dalam subsubperenggan 15(1)(b) dengan memasukkan selepas perkataan "jika tiada apaapa perjanjian" perkataan "bertulis".

mana-mana tempat perniagaan profesional yang ditetapkan; atau

dalam subseksyen (1) dengan memotong perkataan "dan adalah diluluskan oleh Menteri"; dan

dengan menggantikan subseksyen (2) dengan subseksyen yang berikut:

"(2) Menteri boleh, dalam mana-mana hal tertentu, membenarkan barang-barang, selain daripada barang-barang yang disebut dalam subseksyen (1), dibawa ke dalam zon perindustrian bebas bagi mana-mana aktiviti yang dibenarkan olehnya dan tertakluk kepada apaapa syarat yang difikirkannya patut dikenakan.".

Pindaan seksyen 12.