Is PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021 still in force?

Yes — PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021 is currently in force.

When did PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021 take effect?

PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021 was first recorded in 2021.

How many sections does PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021 have?

PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021 contains 3 sections.

Where can I read the official version of PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021?

The official text of PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021 is published at lom.agc.gov.my.

/akn/my/act/pua/2021/487

PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021

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Type: P.U. (A)
Status: In force
Enacted: 2021
Sections: 3

Quick answer

About this p.u. (a)

PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021 is Malaysia P.U. (A), cited as P.U. (A) 487 2021, currently marked in force and first recorded in 2021.

Opening note

Preamble

PADA menjalankan kuasa yang diberikan oleh subseksyen 80(1) Akta Setem 1949 [Akta 378], Menteri membuat perintah yang berikut: Nama dan permulaan kuat kuasa

Seksyen 1

(1)

Perintah ini bolehlah dinamakan Perintah Duti Setem (Pengecualian)

(No. 17) 2021.

(2)

Perintah ini mula berkuat kuasa pada 1 Januari 2022.

Tafsiran

Seksyen 2

Dalam Perintah ini—

(a)

“perusahaan mikro” atau “perusahaan kecil dan sederhana” ertinya perusahaan mikro atau perusahaan kecil dan sederhana sebagaimana yang ditentukan oleh Majlis Pembangunan Usahawan dan Perusahaan Kecil dan

Sederhana

Kebangsaan yang ditubuhkan di bawah seksyen 2A

Akta Perbadanan Pembangunan Industri Kecil dan Sederhana 1995

[Akta 539];

(b)

“platform P2P” ertinya platform elektronik yang memudahkan secara langsung atau tidak langsung penerbitan, pelaksanaan atau penawaran suatu nota pelaburan atau nota pelaburan Islam seperti yang dinyatakan di bawah Guidelines on Recognized Markets yang dikeluarkan atau disemak dari semasa ke semasa oleh Suruhanjaya Sekuriti Malaysia; dan

(c)

“nota pelaburan”

atau

“nota pelaburan

Islam”

mempunyai erti yang diberikan kepadanya di bawah Perintah Pasaran Modal dan

Perkhidmatan (Penetapan Sekuriti dan Sekuriti Islam) (Nota Pelaburan dan

Nota Pelaburan Islam) 2016 [P.U. (A) 126/2016].

P.U. (A) 487 3

Pengecualian

Seksyen 3

(1)

Menteri mengecualikan surat cara nota pelaburan atau nota pelaburan

Islam untuk pembiayaan antara-rakan-setara (P2P) yang disempurnakan oleh perusahaan mikro, atau perusahaan kecil dan sederhana atau disempurnakan antara perusahaan mikro, atau perusahaan kecil dan sederhana dan pelabur, atau orang yang diberi kuasa untuk bertindak bagi pihak pelabur daripada duti setem.

(2)

Pengecualian di bawah subperenggan (1) —

(a)

hendaklah tertakluk kepada syarat bahawa platform

P2P dikendalikan oleh operator

P2P yang berdaftar dengan

Suruhanjaya Sekuriti Malaysia; dan

(b)

hendaklah hanya terpakai kepada surat cara nota pelaburan atau nota pelaburan

Islam jika ia disempurnakan pada atau selepas 1

Januari 2022

tetapi tidak lewat daripada 31 Disember 2026.

Dibuat 27 Disember 2021

[MOF.TAX(S)700-1/3/11 JLD.3; LHDN.AY.A.600-12/1(29)-173; PN(PU2)159/JLD.35]

TENGKU DATUK SERI UTAMA ZAFRUL BIN TENGKU ABDUL AZIZ

Menteri Kewangan

P.U. (A) 487 4

STAMP ACT 1949

STAMP DUTY (EXEMPTION) (NO. 17) ORDER 2021

Opening note

Preamble

IN exercise of the powers conferred by subsection 80(1) of the Stamp Act 1949 [Act 378], the Minister makes the following order: Citation and commencement 1.

(1)

This order may be cited as the

Stamp Duty (Exemption)

(No. 17) Order 2021.

(2)

This Order comes into operation on 1 January 2022.

Interpretation 2.

In this Order—

(a)

“micro enterprises” or “small and medium enterprises” means micro enterprises or small and medium enterprises as may be determined by the National Entrepreneur and Small and Medium Enterprises

Development Council established under section 2A of the Small and

Medium Industries Development Corporation Act 1995 [Act 539];

(b)

“P2P platform” means an electronic platform that facilitates directly or indirectly the issuance, execution or offering of an investment note or an

Islamic investment note specified in the

Guidelines on Recognized Markets issued or revised from time to time by the Securities Commission Malaysia; and

(c)

“investment note” or “Islamic investment note” has the same meaning assigned to it under Capital Markets and Services (Prescription of

Securities and Islamic Securities) (Investment Note and Islamic Investment

Note) Order 2016 [P.U. (A) 126/2016].

P.U. (A) 487 5

Exemption 3.

(1)

The Minister exempts the instrument of investment note or

Islamic investment note for peer to peer financing (P2P) executed by micro enterprises, or small and medium enterprises or executed between by micro enterprises, or small and medium enterprises and investor, or a person authorized to act on behalf of the investor from stamp duty.

(2)

The exemption under subparagraph (1)—

(a)

shall be subject to the condition that the P2P platform is operated by a P2P operator registered with the Securities Commission

Malaysia; and

(b)

shall only be applicable to an investment note or an Islamic investment note if it is executed on or after 1 January 2022

but not later than 31 December 2026.

Made 27 December 2021

[MOF.TAX(S)700-1/3/11 JLD.3; LHDN.AY.A.600-12/1(29)-173; PN(PU2)159/JLD.35]

TENGKU DATUK SERI UTAMA ZAFRUL BIN TENGKU ABDUL AZIZ

Minister of Finance

Common questions

What is PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021?: PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021 is Malaysia P.U. (A), cited as P.U. (A) 487 2021, currently marked in force and first recorded in 2021.
Is PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021 still in force?: Yes — PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021 is currently in force.
When did PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021 take effect?: PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021 was first recorded in 2021.
How many sections does PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021 have?: PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021 contains 3 sections.
Where can I read the official version of PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021?: The official text of PERINTAH DUTI SETEM (PENGECUALIAN) (NO. 17) 2021 is published at lom.agc.gov.my.