AKTA KEWANGAN (NO. 2) 1990

Seksyen 5 dan 6 hendaklah berkuatkuasa bagi tahun taksiran 1990 dan tahun-tahun taksiran yang berikutnya.

approved by the Minister; or

undertaken by that person where that person is participating in industrial adjustment approved under section 31A of the Promotion of Investments Act 1986.

The Minister in approving the research pursuant to subsection (1) (a) may impose such conditions as he thinks fit or may specify the period or periods for the purpose of deduction under this section.

KEWANGAN (No.2)

A deduction for expenditure on research pursuant to subsection (1) (b) shall be made in respect of expenditure incurred within ten years from the date of approval of industrial adjustment under section 31A of the Promotion of Investments Act 1986.

The amount of deduction to be made under subsection (1) shall be twice the amount of expenditure, not being capital expenditure, referred to in that subsection.

Where any deduction in respect of expenditure on research is made under this section, no deduction in respect of that expenditure shall be made under section 33 or 34.".

dengan menggantikan noktah di hujung perenggan (d) subseksyen (7) dalam takrif "organisation" dengan koma bertitik dan memasukkan, selepas itu, perkataan "or"; dan

dengan memasukkan, selepas sahaja perenggan (d), perenggan baru (e) yang berikut:

"(e) an organisation engaged in or in connection with the conservation or protection of animals.".

dengan memotong perkataan "industrial" dalam tajuk kepada perenggan 37B; dan

dengan menggantikan perenggan $ 3 7 \mathrm {B} $ dengan yang berikut:

"37B. The provisions of this Schedule relating to industrial building shall apply, mutatis mutandis, to a building or part thereof being in use for the purpose of—

research approved by the Minister within the meaning of section 34A (1) (a);

research undertaken by a company which is participating in industrial adjustment approved under section 31A of the Promotion of Investments Act 1986;

industrial training approved by the Minister; or

training undertaken by a company mentioned in subparagraph (b) in respect of its employees, and in such application, the reference to capital expenditure incurred on the construction of a building or part thereof, shall include any capital expenditure incurred on the alteration or renovation of rented premises for the purpose of carrying on therein such research, industrial training or training and the building or part thereof shall be deemed to be in use for the purposes of the business referred to in section 34A, notwithstanding that in the case of research referred to in paragraph (a), such research is not related to that business:

Provided that the provisions of this Schedule relating to industrial building shall not apply to capital expenditure incurred on a building or part thereof for the purpose mentioned in subparagraph (b) or (d) where such expenditure is incurred after ten years

KEWANGAN (No.2)

from the date of approval of industrial adjustment under section 31A of the Promotion of Investments Act 1986.".

dengan menomborkan semula subperenggan (a) dan (b) perenggan 8 masing-masing sebagai subperenggan (a) (i) dan (ii);

dengan menggantikan noktah di hujung subsubperenggan (ii) subperenggan (a) perenggan 8 dengan koma bertitik dan memasukkan, selepas itu, perkataan "or"; dan

dengan memasukkan, selepas sahaja subperenggan (a) perenggan 8, subperenggan baru (b) yang berikut:

" (b) a project undertaken by a company which is participating in industrial adjustment approved under section 31A of the Promotion of Investments Act 1986, in expanding its existing business or modernising its production techniques or processes."

dengan menggantikan noktah di hujung perenggan (e) pengecualian-pengecualian di bawah butiran 4 dengan koma bertitik dan memasukkan, selepas sahaja perenggan itu, perenggan baru (f) yang berikut:

" (f) for the repurchase of negotiable certificate of deposit whose issue has been authorised by Bank Negara Malaysia."; dan

dengan menggantikan noktah di hujung subperenggan (v) perenggan (b) pengecualian-pengecualian di bawah butiran 32 dengan koma bertitik dan memasukkan, selepas sahaja subperenggan itu, perenggan baru (c) yang berikut:

“(c) Transfer of units of a unit trust."

KEWANGAN (No. 2)