/akn/my/act/pua/2014/57

PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) (PINDAAN) 2014

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Type: P.U. (A)
Status: In force
Enacted: 2014
Sections: 2

Quick answer

About this p.u. (a)

PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) (PINDAAN) 2014 is Malaysia P.U. (A), cited as P.U. (A) 57 2014, currently marked in force and first recorded in 2014.

Opening note

Preamble

PADA menjalankan kuasa yang diberikan oleh subseksyen 65C(1) Akta Petroleum (Cukai Pendapatan) 1967 [Akta 543], Menteri membuat perintah yang berikut: Nama dan permulaan kuat kuasa

Seksyen 1

(1)

Perintah ini bolehlah dinamakan

Perintah

Petroleum

(Cukai Pendapatan) (Pengecualian) (Pindaan) 2014.

(2)

Perintah ini disifatkan telah mula berkuat kuasa pada 30 November 2010.

Pindaan perenggan 6

Seksyen 2

Perintah

Petroleum

(Cukai

Pendapatan)

(Pengecualian)

2013

[P.U. (A) 122/2013] dipinda dengan menggantikan subperenggan 6(2) dengan subperenggan yang berikut:

“(2)

Jika dalam tempoh asas bagi suatu tahun taksiran pengeluaran terkumpul petroleum di suatu medan marginal bagi seseorang yang boleh dikenakan cukai, dari tahun asas pertama petroleum dikeluarkan hingga ke tahun taksiran itu, adalah melebihi tiga puluh juta tong tangki stok minyak mentah atau melebihi lima ratus bilion kaki padu standard gas asli, pengecualian itu tidak terpakai bagi orang yang boleh dikenakan cukai itu berkenaan dengan pendapatan yang diperoleh dalam tempoh asas bagi tahun taksiran itu dan tahun-tahun taksiran berikutnya.”.

P.U. (A) 57 3

Dibuat 26 Februari 2014

[Perb.CR(8.09)681/2-61(Sj.19)jld.3(Sk.6); LHDN.01/35/(S)/42/51Klt.17; PN(PU2)474]

DATO’ SERI AHMAD HUSNI BIN MOHAMAD HANADZLAH

Menteri Kewangan Kedua

[Akan dibentangkan di Dewan Rakyat menurut subseksyen 65C(2) Akta Petroleum

(Cukai Pendapatan) 1967]

P.U. (A) 57 4

PETROLEUM (INCOME TAX) ACT 1967

PETROLEUM (INCOME TAX) (EXEMPTION) (AMENDMENT) ORDER 2014

Opening note

Preamble

IN exercise of the powers conferred by subsection 65C(1) of the Petroleum (Income Tax) Act 1967 [Act 543], the Minister makes the following order: Citation and commencement 1.

(1)

This order may be cited as the Petroleum (Income Tax) (Exemption)

(Amendment) Order 2014.

(2)

This Order is deemed to have come into operation on 30 November 2010.

Amendment of paragraph 6 2.

The Petroleum (Income Tax) (Exemption) Order 2013 [P.U. (A) 122/2013]

is amended by substituting for subparagraph 6(2) the following subparagraph:

“(2)

Where in the basis period for a year of assessment the accumulated production of petroleum in a marginal field of a chargeable person, from the first basis year petroleum is produced to that year of assessment, is in excess of thirty million stock tank barrels of crude oil or in excess of five hundred billion standard cubic feet of natural gas, the exemption shall not apply to that chargeable person in respect of an income acquired in that basis period for that year of assessment and subsequent years of assessment.”.

Made 26 February 2014

[Perb.CR(8.09)681/2-61(Sj.19)jld.3(Sk.6); LHDN.01/35/(S)/42/51Klt.17; PN(PU2)474]

DATO’ SERI AHMAD HUSNI BIN MOHAMAD HANADZLAH

Second Minister of Finance

[To be laid before the Dewan Rakyat pursuant to subsection 65C(2) of the Petroleum

(Income Tax) Act 1967]

Common questions

What is PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) (PINDAAN) 2014?: PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) (PINDAAN) 2014 is Malaysia P.U. (A), cited as P.U. (A) 57 2014, currently marked in force and first recorded in 2014.
Is PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) (PINDAAN) 2014 still in force?: Yes — PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) (PINDAAN) 2014 is currently in force.
When did PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) (PINDAAN) 2014 take effect?: PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) (PINDAAN) 2014 was first recorded in 2014.
How many sections does PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) (PINDAAN) 2014 have?: PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) (PINDAAN) 2014 contains 2 sections.
Where can I read the official version of PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) (PINDAAN) 2014?: The official text of PERINTAH PETROLEUM (CUKAI PENDAPATAN) (PENGECUALIAN) (PINDAAN) 2014 is published at lom.agc.gov.my.