Malaysia legislation
Section 6
Seksyen 6
Seksyen 34A Akta ibu dipinda—
(a)
dalam subseksyen (4)—
(i)
dengan menggantikan noktah di hujung subseksyen itu dengan noktah bertindih; dan
Undang-Undang Malaysia
AKTA 631 8
(ii)
dengan memasukkan di bawah subseksyen itu proviso kepada subseksyen itu yang berikut:
“Provided that where subsection (4A) applies, the amount of deduction to be made shall be the amount of expenditure incurred.”;
(b)
dengan memasukkan selepas subseksyen (4) subseksyen yang berikut:
“(4A) A pioneer company may, in a return of income for the year of assessment in which the expenditure referred to in subsection (1) had been incurred, elect that the amount of that expenditure be deducted in the first basis period in respect of its post-pioneer business for a year of assessment”; dan
(c)
dengan memasukkan selepas subseksyen (5) subseksyen yang berikut:
“(6) For the purposes of this section, the words “pioneer company” and “post-pioneer business” have the respective meanings assigned to them under the
Promotion of Investments Act 1986.”.
Pindaan seksyen 35