Malaysia legislation

Section 4

of SALES TAX (AMENDMENT) ACT 2024

Section 4

The principal Act is amended by inserting after section 49

the following section:

“Retail trade in Pulau 1 49a.  (1)  No person shall sell by retail any goods declared by the Minister under paragraph 50(2)(a) in Pulau 1 without approval of the Minister.

(2)

An application for the approval under subsection (1)

shall be made in the manner as precribed by the Minister in the regulations.

(3)

Any person who contravenes this section commits an offence and shall, on conviction, be liable to a fine not exceeding fifty thousand ringgit or to imprisonment for a term not exceeding three years or to both.”.

Sales Tax (Amendment)

5

Amendment of section 50