Section 128

where an individual who is the owner of a residence occupies the residence (hereinafter referred to in this section as that residence) as owner throughout the basis period for a year of assessment (that period

Finance 11

and that year being referred to in this section as the relevant period and the relevant year respectively)

or during any part of the relevant period, his gross income from the occupation for the relevant period or for that part of the relevant period, as the case maybe, shall be disregarded for the purposes of this

Act; or

where an individual is an employee, on satisfying the Director General that as a result of being transferred by his employer to another part of Malaysia or as a result of taking up a new employment in another part of Malaysia he is compelled to vacate that residence in order to occupy another residence (not owned by him) located at a place beyond a distance of twenty miles from that residence, the rent receivable by him from that residence shall be disregarded for the purposes of this Act; or

where an individual is not an employee, on satisfying the Director General that he is compelled to vacate that residence in order to occupy another residence

(not owned by him) located at a place beyond a distance of twenty miles from that residence immediately following a change in his business operations from one part of Malaysia to another part of Malaysia, the rent receivable by him from that residence shall be disregarded for the purposes of this Act.”.

Amendment of Schedule 1 16.

The principal Act is amended by deleting the letter “s” in the word “provides” in paragraph 1 of Part I of Schedule 1.

Amendment of Schedule 3 17.