Seksyen 22
Pindaan seksyen 5
Akta Petroleum (Cukai Pendapatan) 1967, yang disebut “Akta ibu” dalam Bab ini, dipinda dalam seksyen 5—
(a)
dengan menggantikan subseksyen (1) dengan subseksyen yang berikut:
“(1) For the purposes of this Act, the accounting period ending on any day in a year of assessment shall constitute the basis period for that year of assessment.”; dan
(b)
dengan menggantikan subseksyen (3) dengan subseksyen yang berikut:
“(3) Notwithstanding subsection (1) where—
(a)
by virtue of subsections (1) and (2) there has been taken as the basis period for a year of assessment of a chargeable person an accounting period ending on any day in that year of assessment; and
Kewangan 19
(b)
there is a failure to make up the accounts of that chargeable person for an accounting period ending on the corresponding day in the year following that year of assessment, the Director General may direct that the basis period for the year of assessment in which the failure occurs, or the basis periods for that year and the following year of assessment, shall consist of a period or periods (which may be of any length) as specified in the direction.”.