Malaysia legislation
Section 21
Section 21
schedule 3 to the principal Act is amended—
(a)
in subparagraph 8(1), by substituting for the words “incurred by a person” the words “incurred only by a person who has a concession or licence to extract timber”; and
(b)
in subparagraph 19a(1)—
(i)
by substituting for the words “one thousand” the words “one thousand three hundred”;
(ii)
in the proviso to subparagraph 19a(1), by substituting for the words “ten thousand” the words “thirteen thousand”; and
(iii)
in the proviso to subparagraph 42(1), by substituting for the words “within three months (or within such further period as the Director General may allow) of the beginning of the year of assessment in the basis period for which that expenditure was incurred by notice in writing delivered to the
Director General elect” the words “elect in a return for the basis period for a year of assessment in which the expenditure was incurred”.
Act 764
amendment of schedule 6