Amendment Act · As enacted
Labuan Business Activity Tax (Amendment) Act 2017
Amends the Labuan Business Activity Tax Act 1990The text
Labuan Business Activity Tax (Amendment)
1
LABUAN BUSINESS ACTIVITY TAX (AMENDMENT)
ACT 2017
Date of Royal Assent
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2 May 2017
Date of publication in the
Gazette
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18 May 2017
Publisher’s Copyright C
(Appointed Printer to the Government of Malaysia).
Labuan Business Activity Tax (Amendment)
Preamble
An Act to amend the Labuan Business Activity Tax Act 1990.
[
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ENACTED by the Parliament of Malaysia as follows:
s 1Short title
This Act may be cited as the Labuan Business Activity Tax
(Amendment) Act 2017.
s 2Amendment of section 21
The Labuan Business Activity Tax Act 1990 [Act 445] is amended in section 21—
by renumbering the existing section as subsection (1);
in the renumbered subsection (1), in paragraph (b), by deleting the words “and prescribing penalties for any contravention or failure to comply with any of the provisions of any regulations made under this paragraph”;
and
LABUAN BUSINESS ACTIVITY TAX
(AMENDMENT) ACT 2017
by inserting after the renumbered subsection (1) the following subsection:
“(2) The regulations made under this section may prescribe a penalty of a fine not exceeding one million ringgit or imprisonment for a term not exceeding two years or both for any contravention or failure to comply with any of the provisions of the regulations.”.
KUALA LUMPUR