Malaysia legislation

Section 37

of FINANCE ACT 2013

Section 37

schedule 6 of the principal Act is amended—

(a)

by inserting after paragraph 12b the following paragraph:

“12c. Any profit paid, credited or distributed to partners by a limited liability partnership.”; and

(b)

by inserting after paragraph 20 the following paragraph:

“20A. Any income of a life insurer or takaful operator from an investment made out of a life fund or family fund in respect of a deferred annuity established in accordance with the

Retirement savings standards approved by the central Bank of malaysia.”.

amendment of schedule 7A