Malaysia legislation
Section 38
Section 38
Section 2 of the Labuan Business Activity Tax Act 1990, which is referred to as the “principal Act” in this Chapter, is amended—
(a)
in the definition of “Labuan non-trading activity”, by inserting after the words “any other properties” the words “situated in Labuan”; and
42
Act 785
(b)
in the definition of “Labuan business activity”, in proviso (b), by substituting for the word “investments”
the word “shares”.
Amendment of section 21