Malaysia legislation
Section 6
Section 6
subsection 6(1) of the principal Act is amended—
(a)
by substituting for the full stop at the end of paragraph
(k)
a semicolon; and
(b)
by inserting after paragraph (k) the following paragraph:
“(l) subject to section 109g but notwithstanding any other provisions of this Act, income tax shall be charged for a year of assessment upon the income of an individual consisting of a withdrawal of his contribution made to a private retirement scheme where the withdrawal is made by that individual before reaching the age of fifty-five
(other than by reason of death or permanently leaving malaysia) at the appropriate rate as specified under Part xVi of schedule 1.”.
11
Finance amendment of section 8