Malaysia legislation

Section 7

of FINANCE ACT 2012

Section 7

Amendment of section 34b

(a)

by substituting for paragraph (c) the following paragraph:

“(c) a “contract research and development company”

and a “research and development company” have the same meaning assigned thereto in section 2

of the Promotion of Investments Act 1986 and fulfills the conditions specified by the relevant

Ministry;”; and

Act 742

(b)

by inserting after paragraph (c) the following paragraph:

“(d) a “related company” has the meaning assigned to it in section 2 of the Promotion of Investments

Act 1986.”.

Amendment of section 39

Section 7 — AKTA KEWANGAN 2012 | mylaw.my