Malaysia legislation

Section 19

of PROMOTION OF INVESTMENTS (AMENDMENT) ACT 2014

Section 19

Amendment of section 26f

(a)

by substituting for the shoulder note the following shoulder note:

“Application for approval for investment tax allowance to a high technology company or a company establishing or upgrading medical devices testing laboratory”;

(b)

in subsection (1), by deleting the words “or any company participating in a promoted activity or producing a promoted product in an industrial linkage programme”;

(c)

in subsection (2), by deleting the words “or 5(1b)” and

“or 27b(1)”; and

(d)

in subsection (2a), by inserting after the words

“investment tax allowance” the words “provided that such application is received from 8 September 2007 until 31 December 2012”.

Deletion of section 26h