Section 7

dengan menggantikan subseksyen (1) dengan subseksyen yang berikut:

“(1)  Subject to the following subsections, where a person who is resident for the basis year for a year of assessment carries on the business of—

transporting passengers or cargo by sea on a

Malaysian ship; or

letting out on charter a Malaysian ship owned by him on a voyage or time charter basis, the statutory income for that year of assessment from that business shall be exempt from tax.”;

dalam subseksyen (3) dengan menggantikan perkataan “the business of transporting passengers or cargo on board a

Malaysian ship” dengan perkataan “a business in respect of which his income is exempt under subsection (1)”;

dan

dalam subseksyen (6)—

dengan menggantikan koma bertitik yang terdapat di hujung takrif “person” dengan noktah; dan