Malaysia legislation

Section 49

of FINANCE ACT 2014

Section 49

Schedule 5 to the principal Act is amended—

(a)

in Part i, in the column “category of disposal”—

(i)

in item no. 1, by substituting for the word “two”

the word “three”;

(ii)

in item no. 2, by substituting for the word “third”

the word “fourth”;

(iii)

in item no. 3, by substituting for the word “fourth”

the word “fifth”; and

(iv)

in item no. 4, by substituting for the word “fifth”

the word “sixth”;

(b)

in Part i, in the column “Rate of tax” in item no. 4, by substituting for the words “5 per cent” the word “Nil”; and

(c)

in Part ii, in the column “category of disposal”—

(i)

in item no. 1, by substituting for the word “two”

the word “three”;

(ii)

in item no. 2, by substituting for the word “third”

the word “fourth”;

(iii)

in item no. 3, by substituting for the word “fourth”

the word “fifth”; and

(iv)

in item no. 4, by substituting for the word “fifth”

the word “sixth”.

Finance 29

Section 49 — AKTA KEWANGAN 2014 | mylaw.my