Malaysia legislation
Section 30
Section 30
(2)
For the purposes of this Part, the 108 balance refers to—
(a)
the amount of the balance for the credit of a company at the end of the basis period for the year of assessment 2007 ascertained under subsection 108(8) of the principal
Act prior to the coming into operation of the Finance
Act 2007 [Act 683];
(b)
the amount of the balance for the credit of that company ascertained under section 23 of the Income
Tax (Amendment) Act 2000 [Act A1093] as at 31 December 2007; and
Finance 27
(c)
where the basis period of the company for the year of assessment 2007 ends—
(i)
on a day other than 31 December 2007, any tax paid during the period from the first day of the basis period of that company for the year of assessment 2008 to 31 December 2007; or
(ii)
on 31 December 2007, the final instalment paid under section 107c of the principal Act in respect of that basis period.
(3)
Where there is any inconsistency between any provision of this Part and any provision of the principal Act, that provision of the principal Act shall be void to the extent of the inconsistency.
108 balance