Malaysia legislation

Section 19

of FINANCE (NO. 2) ACT 2000

Section 19

New section 127A

The principal Act is amended by inserting after section 127

the following section:

“Cessation of exemption 127A. (1) Notwithstanding any other provision of this Act or any other written law, where any income of a person is exempt by virtue of a repealed law, and the exemption is deemed to have been made by an order under section 127, that exemption shall cease.

(2)

In this section, “repealed law” has the same meaning assigned to it under Schedule 9.”.

Amendment of section 128

Section 19 — AKTA KEWANGAN (NO. 2) 2000 | mylaw.my