Malaysia legislation
Section 5
Seksyen 5
Seksyen 15c Akta ibu dipinda—
(a)
dalam subseksyen (1), dengan menggantikan perkataan
“subsection (2)” dengan perkataan “subsections (2) and (2a)”;
(b)
dalam subseksyen (2)—
(i)
dengan memasukkan selepas perkataan “the date of acquisition of the shares of the relevant company”
perkataan “by the company, limited liability partnership, trust body or co-operative society”;
(ii)
dalam perenggan (b)—
(A)
dengan menggantikan perkataan “asset:”
dengan perkataan “asset; or”; dan
(B)
dengan memotong perkataan “Provided that the defined value of the real property situated in Malaysia (including any right or interest thereof) owned by another controlled company, is not less than seventy-five per cent of the value of its total tangible asset; or”;
(iii)
dalam proviso, dengan menggantikan noktah di hujung proviso dengan noktah bertindih; dan
(iv)
dengan memasukkan selepas proviso, proviso kedua yang berikut:
“Provided further that where at any date the relevant company disposes of the real property or the shares of another controlled company, or both, whereby the defined value of the real property or the shares of another controlled company, or both, owned at the date of disposal and thereafter is less than seventy-five per cent of the value of its total tangible assets, that relevant company shall not be regarded as a relevant company under subsection (1)
as from that date of disposal.”;
Undang-Undang Malaysia 8
Akta 862
(c)
dengan memasukkan selepas subseksyen (2) subseksyen yang berikut:
“(2a) Where the relevant company is a real property company as defined under subparagraph 34a(6) of