Malaysia legislation
Section 2
of *ASSIGNMENT OF REVENUE (EXPORT DUTY ON IRON ORE) ACT 1962
Section 2
Assignment to States of whole or part of export duty on iron ore
(2)
In the case of iron ore produced in any State and exported before the relevant date the Minister may assign to the
State the whole, or such proportion as he considers equitable, of the export duty levied on the ore.
(3)
The Minister may by order direct that subsection (1)
shall have effect with the substitution for 10 per cent of such other percentage as may be specified in the order; but any order under this subsection shall be laid before the Dewan Rakyat and shall not have effect until approved by resolution of that
House.
Restriction of royalty provisions in leases, etc.