Section 142

(1)

No estate duty shall be payable in respect of any amount of any bequest to the Malaysian Bar, and the value of the property passing

148 Laws of Malaysia ACT 166

on the death of a deceased donor shall not be deemed to include the amount of the bequest for the purpose of assessing the rate of estate duty.

(2)

The Board and the Malaysian Bar shall each be deemed to be—

(a)

an institution specified in the First Schedule to, and under paragraph 13(1)(e) of the Income Tax Act 1967; and

(b)

an institution of a public character approved by the

Minister for the purposes of paragraph 37(2)(c) of the

Income Tax Act 1967.

Report

Part XI

Transitional Provisions

Part XII