Malaysia legislation
Section 8
Section 8
Amendment of section 18
Section 18 of the principal Act is amended by inserting after subsection (2) the following subsections:
“(3) Notwithstanding subsection (1), an operator may apply in writing to the Director General for another taxable period.
(4)
The Director General may, upon receiving any application under subsection (3)—
(a)
allow the application and the taxable period shall be the period as applied for;
(b)
refuse the application and the taxable period shall remain as determined under subsection (1); or
(c)
vary the length of the taxable period or the date on which the taxable period begins or ends.
(5)
Notwithstanding subsection (1) or (4), the Director
General may, as he deems fit, reassign any other taxable period for the operator.”.
Amendment of section 20