Malaysia legislation
Section 28
Section 28
Section 261 of the principal Act is amended—
(a)
by inserting after subsection (1) the following subsection:
"（1A）Notwithstanding subsection (1), where an application is made by a company participating or intending to participate in Malaysia in the generation of renewable energy, which has been prescribed as a promoted activity under the Promotion of Investments (Promoted Activities and Promoted Products for Selected Industries) Order 2008 [P.U. (A) 458/2008], and that company is controlled directly or indirectly by—
(a)
a pioneer company or a company which has been granted approval for the purposes of an investment tax allowance under section 271 participating in the same promoted activity as that company;
(b)
a company granted pioneer status in relation to the same promoted activity as that company; or
(c)
a post-pioneer company or a company which has been granted approval for the purposes of an investment tax allowance under section 271 and the period as prescribed under section 291 has ended, such application shall be considered by the Minister if the application is received from 8 September 2007 until 31 December 2010.";
(b)
in subsection (3)一
(i)
by deleting the words "in the production of a";
(ii)
by deleting the words "in the production of that"; and
(iii)
in the proviso, by deleting the words "in the production of that"; and
(c)
in subsection (4), by substituting for the words "subsection (1)" the words "this section".
Amendment of section 26J