Malaysia legislation

Section 5

of FINANCE (NO. 2) ACT 2000

Section 5

The principal Act is amended by substituting for subsection 6A(2) the following subsection:

“(2) A rebate shall be granted for a year of assessment in the following amounts:

(a)

three hundred and fifty ringgit in the case of an individual who has been allowed a deduction under paragraph 46(l)(a)

for that year of assessment where his chargeable income for that year of assessment does not exceed thirty-five thousand ringgit;

(b)

three hundred and fifty ringgit in the case of an individual who has been allowed a deduction under subsection 47(1)

or (2) for that year of assessment where his chargeable income for that year of assessment does not exceed thirty-five thousand ringgit;

(c)

three hundred and fifty ringgit in the case of a wife who has been allowed a deduction under section 45A for that year of assessment where her chargeable income for that year of assessment does not exceed thirty-five thousand ringgit.”.

9

Finance (No. 2)

Amendment of section 34

Section 5 — AKTA KEWANGAN (NO. 2) 2000 | mylaw.my