Malaysia legislation
Section 24
Section 24
"Company shall maintain statement for income computed during tax relief period
(a)
in subsection (3), by deleting the words " , if the Director General is satisfied with the entries in the exempt account,";
(b)
by substituting for subsection (5) the following subsection:
"(5)The company shall keep a copy of the exempt account until the Director General is satisfied that there is no further need to maintain the exempt account."; and
(c)
in subsection (6), by deleting the words " , to the extent that the Director General is satisfied that the dividends so paid are paid out of that amount,".
Amendment of section 24