Malaysia legislation
Section 10
Section 10
Section 29 of the principal Act is amended by inserting after subsection (2) the following subsection:
“(3) For the purposes of this section, where gross income from a source in Malaysia of the relevant person consists of interest that relates to a loan—
(a)
between persons one of whom has control over the other; or
(b)
between persons both of whom are controlled by some other person, the relevant person is deemed to be able to obtain on demand the receipt of such interest when such interest is due to be paid to the relevant person in the relevant period.”.
amendment of section 33