Malaysia legislation
Section 12
Section 12
Section 32 of the principal Act is amended—
(a)
in subparagraph (1A)(b)(i), by substituting for the words
“Bursa Malaysia” the words “any stock exchange”; and
(b)
by inserting after subsection (3) the following subsection:
“(4) For the purposes of this section, the amount of gross income from the employment mentioned in paragraphs (2)(a), (b) and (3)(c) shall not include the amount of gross income in respect of any right to acquire shares in a company ascertained under subsection (1A).”.
Amendment of section 34