Section 25

in paragraph (a), by deleting the word “or” at the end of that paragraph;

in the proviso to paragraph (b), by substituting for the full stop at the end of that proviso the words “; or”;

and

by inserting after paragraph (b) the following paragraph:

“(c) where the company has no basis period for that year of assessment and for the immediate following year

Act 761

of assessment, for that year of assessment and the immediate two following years of assessment:

Provided that at the commencement of the operation and at the beginning of the immediate two following years of assessment the paid up capital of the company in respect of ordinary shares is two million five hundred thousand ringgit and less.”.

amendment of section 109e