Malaysia legislation

Section 2e

of AKTA KEWANGAN 2013

Seksyen 2e

The provisions of paragraph 2d shall not apply to a limited liability partnership referred to in that paragraph if more than—

(a)

fifty per cent of the capital contribution (whether in cash or in kind) of the limited liability partnership is directly or indirectly contributed by a company;

(b)

fifty per cent of the paid up capital in respect of ordinary shares of the company is directly or indirectly owned by the limited liability partnership; or

Kewangan 23

(c)

fifty per cent of the capital contribution (whether in cash or in kind) of the limited liability partnership and fifty per cent of the paid up capital in respect of ordinary shares of the company is directly or indirectly owned by another company.

Read in full context — AKTA KEWANGAN 2013 →