Malaysia legislation
Section 6B
Section 6B
“Tax rebate on loan to a small business
(2)
‘Loan to a small business’ means a loan that conforms to the guidelines laid down by an appropriate authority designated by the Minister from time to time.”.
Amendment of section 7 6.
The principal Act is amended by substituting for paragraph 7(1)(b) the following:
“(b) he is in Malaysia in that basis year for a period of less than one hundred and eighty-two days and that period forms part of a period of more than one hundred and eighty-two consecutive days (hereinafter referred to in this paragraph as such period) throughout which he is in Malaysia in the basis year for the year of assessment immediately preceding that particular year of assessment or in that basis year for the year of assessment immediately following that particular year of assessment:
Provided that any temporary absence from Malaysia—
(i)
connected with his service in Malaysia and owing to service matters or attending conferences or seminars or study abroad;
(ii)
owing to ill-health involving himself or a member of his immediate family; and
(iii)
in respect of social visits not exceeding fourteen days in the aggregate, shall be taken to form part of such period;”.
8
New section 13A