Finance Act 1994 · Updated to 1 Jan 2006 · Chapter II · Amendments to the Income Tax Act 1967
Finance Act 1994 · Updated to 1 Jan 2006 · Chapter II · Amendments to the Income Tax Act 1967
Official textFrom Laws of Malaysia Online, unchanged
Section 34 of the principal Act is amended²
in subsection (4), by substituting for the word ³fifteen´
in paragraph (a) the word ³sixteen´;
in subsection (6)²
by deleting the word ³and´ at the end of paragraph
;
by substituting for the full stop at the end of paragraph (f) the punctuation mark and word ³; and´; and
Finance
by inserting after paragraph (f) the following paragraph:
³(g) an amount equal to the expenditure incurred by the relevant person in the relevant period on the provision of library facilities which are accessible to the public and in respect of contributions to public libraries and libraries of schools and institutions of higher education:
Provided that the amount that may be deducted shall not exceed one hundred thousand ringgit.´.
Chapter III