Malaysia legislation

Section 62

of FINANCE ACT 2017

Section 62

Section 163 of the principal Act is amended—

(a)

by substituting for the shoulder note the following shoulder note:

“Power of Minister to impose tax”; and

(b)

by substituting for subsection (1) the following subsection:

“(1) The Minister may, by order published in the

Gazette, prescribe—

(a)

any goods imported into, supplied within or between free zone to be chargeable to tax; or

(b)

any goods removed from a free zone through

Malaysia to another free zone, to a designated area or to a warehouse under section 70 to be subject to payment of tax.”.

Amendment of Second Schedule