Malaysia legislation

Section 4

of FINANCE ACT 2002

Section 4

The principal Act is amended in subsection 34(6)—

(a)

in paragraph (l), by deleting the word “and” at the end of proviso (b);

(b)

by substituting for the full stop at the end of paragraph

(m)

the words “; and”; and

(c)

by inserting after paragraph (m) the following paragraph:

“(n) an amount equal to the expenditure incurred by a person in the relevant period on the provision of practical training in Malaysia, in relation to his business, to an individual who is—

(i)

resident in the basis year for a year of assessment; and

(ii)

not an employee of that person.”.

Amendment of section 39