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Contents

Part I · Amendments to the Income Tax Act 1967

3. Commencement of amendments to the Income Tax Act 1967

(1)

Sections 4, 5, 8, paragraphs 10(a) and (d), subparagraphs 12(a)(i)

and (iv) in respect of paragraph 46(1)(l) of the Income Tax Act 1967, sections 14, 15, 17, 19, 20, 21, 23, 24, 25, 26, 27, 29, 33,

34, paragraphs 36(a) and (f) and sections 38, 39, 40, 41, 42, 43,

44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56 and 57 have effect for the year of assessment 2008 and subsequent years of assessment.

(2)

Sections 6 and 22 come into operation on 1 January 2008.

(3)

Subparagraphs 12(a)(ii), (iii) and (iv) in respect of paragraph 46(1)(k) of the Income Tax Act 1967, section 16 and paragraph 36(d) have effect for the year of assessment 2007 and subsequent years of assessment.

(4)

Sections 7, 9, 11 and 13 are deemed to have effect for the year of assessment 2006 and subsequent years of assessment.

(5)

Section 28 comes into operation on 1 August 2008.

(6)

Section 32 is deemed to have come into operation on 21

February 2007.

(7)

Paragraphs 36(b), (c) and (e) come into operation on 1 January 2014.

Report

Part XII

Part II

Saving and Transitional Provisions

Chapter III

Amendments to the Stamp Act 1949

Chapter IV

Amendments to the Petroleum (Income Tax) Act 1967

Chapter V

Amendments to the Labuan Offshore Business Activity Tax Act 1990