Malaysia legislation

Section 29

of FINANCE ACT 1995

Section 29

Amendment of section 2

The Promotion of Investments Act 1986, which is referred to as the “principal Act” in this Chapter, is amended in subsection 2(1)—

(a)

by substituting for the words “Tourist Development

Corporation of Malaysia” appearing in the definitions of “hotel” and “tourist project” the words “Ministry of

Culture, Arts and Tourism”; and

(b)

by inserting after the definition of “tax relief period” the following definition:

“ “technical or vocational training company” means a company which provides technical or vocational training in Malaysia;”.

Amendment of section 4b

Section 29 — FINANCE ACT 1995 | mylaw.my