Malaysia legislation

Section 5

of PROMOTION OF INVESTMENTS (AMENDMENT) ACT 2014

Section 5

Amendment of section 5

(a)

by deleting subsection (1b);

(b)

in subsection (1d)—

(i)

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

(ii)

in paragraph (b)—

(A)

by deleting the words “or 5(1b)” and

“or 27b(1)”; and

(B)

in the proviso, by substituting for the words

“, 29(2)(c), 29c(2)(b) or 29c(2)(c)” the words “or 29(2)(c)”;

(c)

by deleting subsection (1da);

(d)

in the proviso to subsection (1db)—

(i)

by inserting after the words “in the generation of renewable energy” the words “or provision of energy conservation services”;

(ii)

by substituting for the words “the Promotion of

Investments (Promoted Activities and Promoted

Products for Selected Industries) Order 2008

[P.U. (A) 458/2008]” the words “section 4d”;

and

(iii)

by substituting for the words “31 December 2010”

the words “31 December 2015”;

Promotion of Investments (Amendment)

(e)

in subparagraph (ii) of the proviso to paragraph (1dd)(a), by deleting the words “29c,” and “, 29m”;

(f)

by deleting subsection (1de); and

(g)

in subsection (1e)—

(i)

by deleting the words “27b(1),”, “27h(1),”,

“or 27l(1)”, “(1b),”, “(1da),” and “, (1de)”;

(ii)

by inserting after the words “27i(1),” the words

“27i(1a),”;

(iii)

by inserting after the words “27k(1)” the words

“or section 27n”; and

(iv)

in the proviso—

(A)

by deleting the words “27b(1),”, “27h(1),”

and “or 27l(1)”;

(B)

by inserting after the words “27i(1),” the words “27i(1a),”; and

(C)

by inserting after the words “27k(1)” the words “or section 27n”.

Amendment of section 6

Section 5 — PROMOTION OF INVESTMENTS (AMENDMENT) ACT 2014