Section 4
Amendment of section 2
ActIn forceProvision 4 of 30
Section 4
The Income Tax Act 1967, which is referred to as the “principal
Act” in this Chapter, is amended in section 2—
(a)
in subsection (1)—
(i)
in the definition of “partnership”, by inserting after the words “in a partnership” the words “and any association which is established pursuant to a scheme of financing in accordance with the principles of Syariah”; and
(ii)
in the definition of “public entertainer”, by substituting for the word “athlete” the word “sportsperson”;
and
(b)
in subsection (8), by substituting for the words “or the
Securities Commission” the words “, the Securities
Commission or the Labuan Offshore Financial Services
Authority”.