Malaysia legislation
Section 72
Seksyen 72
Akta Petroleum (Cukai Pendapatan) 1967, yang disebut
(a)
dalam subseksyen (1)—
(i)
dengan memasukkan selepas takrif ‘ “disposal”
and “disposed of” ’ takrif yang berikut:
‘ “electronic invoice” has the meaning assigned to it in the Income Tax Act 1967
[Act 53];’; dan
(ii)
dengan menggantikan takrif “secondary recovery”
dengan takrif yang berikut:
‘ “secondary recovery” means a method or process which has as its object the production of quantities of hydrocarbons by the application
Kewangan (No. 2)
189
of external energy to the underground reservoir which is carried out—
(a)
subsequent to the earlier recovery process for the purposes of additional and accelerated recovery of those hydrocarbons; or
(b)
for the initial recovery or extraction of those hydrocarbons;’; dan
(b)
dalam subseksyen (4), dengan menggantikan subperenggan (a)(i) dengan subperenggan yang berikut:
“(a)(i) notwithstanding subsection (3), where a partnership carries on petroleum operations under two or more petroleum agreements and the areas under those agreements are contiguous, the petroleum operations in those areas shall be treated as being carried on under one petroleum agreement if all the members of that partnership are the same original parties to the petroleum agreements and approved by the Director General:
Provided that where a partnership is succeeded under subsection (3), this paragraph shall apply to an area under the petroleum agreement, including any expansion thereof which are contiguous prior to the succession of the partnership:
Provided further that where an area under a petroleum agreement is contiguous with agreement areas which are contiguous under existing petroleum agreements, that first mentioned area shall be treated as contiguous with the existing petroleum agreements areas for the purposes of this paragraph if the members of the partnership of the first mentioned petroleum agreement are the same as the original parties to the existing petroleum agreements; and”.
Undang-Undang Malaysia 190
Akta 851
Pindaan seksyen 3