Section 4

dengan menggantikan takrif “Labuan company” dengan takrif yang berikut:

‘ “Labuan company” means a Labuan entity as provided under subsection 2B(1) of the Labuan Business Activity

Tax Act 1990;’; dan

dengan memasukkan selepas takrif “rent” takrif yang berikut:

Kewangan 11

‘ “research and development” means any systematic, investigative and experimental study that involves novelty or technical risk carried out in the field of science or technology with the object of acquiring new knowledge or using the results of the study for the production or improvement of materials, devices, products, produce, or processes, but does not include—

quality control or routine testing of materials, devices or products;

research in the social sciences or the humanities;

routine data collection;

efficiency surveys or management studies;

market research or sales promotion;

routine modifications or changes to materials, devices, products, processes or production methods;

or

cosmetic modifications or stylistic changes to materials, devices, products, processes or production methods;’.

Pindaan seksyen 4A