Section 109
Section 109
Where any person (in this section referred to as the payer) is liable to pay interest or royalty derived from Malaysia to any other person not known to him to be resident or to have a place of business in Malaysia, he shall upon paying or crediting the interest (other than interest on an approved loan or long-term loan or interest of the kind referred to in paragraph 33 of Part I, Schedule 6) or royalty deduct therefrom tax at the rate applicable to such interest or royalty, and
(whether or not that tax is so deducted) shall within one month after paying or crediting the interest or royalty render an account and pay the amount of that tax to the Director
General:
Provided that the Director General may—
(a)
give notice in writing to the payer requiring him to deduct and pay tax at some other rates or to pay or credit the interest or royalty without deduction of tax;
or
(b)
under special circumstances allow extension of time for tax deducted to be paid over.”.
Amendment of section 128 15.
The principal Act is amended by substituting for subsection 128(1) the following:
“Exemption from tax: residential premises and premises where, owing to circumstances, owner is compelled to vacate