Section 32

dalam perenggan 15, dengan memasukkan selepas subperenggan (2) subperenggan yang berikut:

“(3)  In this paragraph, “compensation for loss of employment”

shall include any payment made by an employer to an employee of his pursuant to a separation scheme where employees are given an option for an early termination of an employment contract provided that such scheme from which payment was made does not expressly or impliedly provide for the employee to be reemployed under any other scheme of employment by the same or any other employer.”;

dengan memasukkan selepas perenggan 25b perenggan yang berikut:

“25c.  Perquisite consisting of long service, past achievement or service excellence award, whether in money or otherwise, provided to an employee pursuant to his employment, limited to a maximum amount or value of one thousand ringgit for each employee for a year of assessment provided that exemption in respect of long service award shall apply only after the employee has exercised an employment for more than ten years with the same employer.”;

Kewangan 21

dalam perenggan 32a, dengan memasukkan selepas perkataan “Education” perkataan “or Ministry of Higher

Education”;

dengan menggantikan perenggan 33 dengan perenggan yang berikut:

“33.  Income of any person not resident in Malaysia for the basis year for a year of assessment, in respect of interest derived from Malaysia (other than such interest accruing to a place of business in Malaysia of such person) and paid or credited by any person (whether the same person or not) carrying on the business of banking or finance in Malaysia and licensed under the Banking and Financial Institutions Act 1989 or the

Islamic Banking Act 1983, or by any other institution approved by the Minister:

Provided that the exemption under this paragraph shall not apply to interest paid or credited on funds required for purposes of maintaining net working funds as prescribed by the Central

Bank of Malaysia pursuant to section 37 of the Banking and

Financial Institutions Act 1989 and subsection 5(2) of the

Islamic Banking Act 1983, as the case may be.”; dan

dengan menggantikan perenggan 34 dengan perenggan yang berikut:

“34.  (1)  Income of an individual derived from exercising an employment on board a ship used in a business operated by a person being a registered owner of a ship under the Merchant

Shipping Ordinance 1952 who is resident in Malaysia.

For the purpose of this paragraph “ship” means a sea-going ship other than a ferry, barge, tug-boat, supply vessel, crew boat, lighter, dredger, fishing boat or other similar vessel.”.

Pindaan Jadual 7