Malaysia legislation
Section 35
Seksyen 35
Akta ibu adalah dipinda dengan memasukkan selepas seksyen 65A seksyen yang berikut:
"Exemption to give effect to agreements in overlapping areas. 65B. (1) The Minister may, by statutory order, exempt from tax any chargeable person or exempt from tax the income (wholly or in part) of any chargeable person to give effect to any agreement or arrangement made by the Government with the government of any territory outside Malaysia for the joint exploration and exploitation of petroleum in overlapping areas.
(2)
Any order made under subsection (1) shall be laid before the House of Representatives.
(3)
Nothing in subsection (1) shall absolve or be deemed to have absolved the said chargeable person from complying with any requirement to submit any return or statement of accounts or to furnish any other information under the provisions of this Act in respect of the income exempted under this section.".