Skip to content

Section 33

Subsection 6(1AC) of the principal Act is amended —

of Finance Act 2018

ActIn forceProvision 36 of 108
Section 33

(a)

by substituting for the full stop at end of the subsection a colon; and

(b)

by inserting the following proviso:

“Provided that the contract research and development company at the time of application has an adequate number of full time employees and incurred adequate amount of annual operating expenditure in Malaysia for an activity relating to research and development.”.

Special provision relating to section 6