Malaysia legislation
Section 28
Seksyen 28
Jadual 7a kepada Akta ibu dipinda—
(a)
dalam perenggan 2b—
(i)
dalam subperenggan (a), dengan menggantikan perkataan “and 2022” dengan perkataan “, 2022,
2023 and 2024”;
(ii)
dalam subperenggan (b)—
(A)
dengan menggantikan perkataan
“and 2022” dengan perkataan “, 2022,
2023 and 2024”; dan
(B)
dengan memotong perkataan “or” di hujung subperenggan itu;
(iii)
dalam subperenggan (c)—
(A)
dengan menggantikan perkataan “year of assessment 2022” dengan perkataan “years of assessment 2022, 2023 and 2024”; dan
(B)
dengan menggantikan noktah di hujung subperenggan itu dengan perkataan
“; or”; dan
(iv)
dengan memasukkan selepas subperenggan (c)
subperenggan yang berikut:
“(d) ends in the year of assessment 2022, an allowance under paragraph 1 or 1a shall be given in respect of capital expenditure incurred by the company in the basis period for the years of assessment 2023
and 2024; or
(e)
ends in the year of assessment 2023, an allowance under paragraph 1 or 1a shall be given in respect of capital expenditure incurred by the company in the basis period for the year of assessment 2024.”;
(b)
dalam perenggan 4b, dengan memasukkan selepas perkataan
“paragraph 2” perkataan “or 2b”; dan
Kewangan 27
(c)
dengan memasukkan selepas perenggan 4b perenggan yang berikut:
“4c. Notwithstanding paragraph 4, so much of the allowance or allowances as cannot be given to a person as ascertained under that paragraph which relates to capital expenditure incurred after the end of the period of fifteen consecutive years of assessment referred to in paragraph 2b until the year of assessment 2024—
(a)
shall only be given to that person in accordance with paragraph 4 for a period of seven consecutive years of assessment and that period commences immediately following the year of assessment 2024; and
(b)
any amount of the allowance or aggregate amount of the allowance at the end of that period which has not been given to that person, by reason of insufficiency or absence of statutory income from his business for that period, shall be disregarded for the purposes of this
Schedule.”.