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Section 4

Amendment of section 2

of Finance Act 2019

ActIn forceProvision 4 of 4
Section 4

The Income Tax Act 1967, which is referred to as the “principal

Act” in this Chapter, is amended in section 2 by substituting for subsection (9) the following subsection:

“(9)  Any reference—

(a)

in subsection 107c(4a), to a company which has a paid-up capital in respect of ordinary shares of two million five hundred thousand ringgit and less at the beginning of the basis period for a year of assessment; and

(b)

in paragraph 2a of Schedule 1 and paragraph 19a of