Malaysia legislation

Section 16

Section 16

Section 60aa of the principal Act is amended—

(a)

in subparagraph (5)(b)(vi), by deleting the word “and”

at the end of that subparagraph;

(b)

in subparagraph (5)(b)(vii), by substituting for the full stop at the end of that subparagraph the words “; and”;

(c)

by inserting after subparagraph (5)(b)(vii) the following subparagraph:

“(viii) management expenses incurred by him in that period in connection with his general business.”;

(d)

in subparagraph (7)(b)(vi), by deleting the word “and”

at the end of that subparagraph;

(e)

in subparagraph (7)(b)(vii), by substituting for the full stop at the end of that subparagraph the words “; and”;

(f)

by inserting after subparagraph (7)(b)(vii) the following subparagraph:

“(viii) management expenses incurred by him in that period in connection with his general business.”;

(g)

in subparagraph (9)(b)(ii), by deleting the word “and” at the end of that subparagraph;

(h)

in subparagraph (9)(b)(iii), by substituting for the full stop at the end of that subparagraph the words “; and”;

(i)

by inserting after subparagraph (9)(b)(iii) the following subparagraph:

“(iv) commission payable and discounts allowed by him in that period in connection with his general business.”;

(j)

in subparagraph (10)(b)(ii), by deleting the word “and”

at the end of that subparagraph;

Act 761

(k)

in subparagraph (10)(b)(iii), by substituting for the full stop at the end of that subparagraph the words “; and”; and

(l)

by inserting after subparagraph (10)(b)(iii) the following subparagraph:

“(iv) commission payable and discounts allowed by him in that period in connection with his general business.”.

amendment of section 60f