This Act may be cited as the Finance (No. 2) Act shorttite 1986 and shall come into effect on the 1st January 1987. and com mencement.
Act 329
Finance (No. 2) Act 1986
Akta kewangan (no. 2) 1986
Text recovered by OCR from a scanned copy β section numbers and wording may be wrong. Check the official PDF on lom.agc.gov.my before citing.
An Act to amend the Customs Act 1967, the Sales Tax ct 1972, the Excise Act 1976 and the Service Tax Act 1975.
Data synced
Chapter I β Preliminary
The Customs Act 1967, the Sales Tax Act 1972. the Amendment Excise Act 1976 and the Service Tax Act 1975 are a amended respectively in the manner specified in Act 64. Chapters II, III, IV and V respectively. Act 176. Act 151.
Chapter II β Amendments to the customs act 1967
The Customs Act 1967, which in this Chapter is Deletions of referred to as "the principal Act'"', is amended by 147, sections 146 148. 149 deleting sections 146, 147, 148, 149, 150, 151, 152 and is0. 1si, 152 and 153. 153. Act 235.
Section 154 of the principal Act is amended by Amendment substituting for the words "and Penang" the words ot section
and Langkawi" in the interpretation of "principal customs area'".
ICap. I1, S. 5]
ACT e sections . The principal Act is amended by inseriing after Fart i63A. 16B sec0ons Ih3c. 163d. AIX the following new Part XIXA and new Ih3E. 163r 163A, 163B, 163c, 163Β», 163E, 163F and 1h3G: and 163G
Aktasibu adalah dipinda dengan memasukkan, selepas Bahagian XIX, Bahagian baru XIXA dan seksyen baru 163A, 163b, 163c, 163D, 163E, 163F dan 163g yang berikut: csudod nsebni9 GAAβ’GIΠA TEE DIAA DO DIΓA Γ1 DiΠA 121 aiΓ l nranotomol ,Nti ngvzksr PLI PART XIXA SPECIAL PROVISIONS DEALING WITH LANGKAWI SXUI Interpretation. 163A. In b this Part, unless the contexi otherwise requires c"Langkawi" means the Langkawi Island and all adjacent islands lying nearer to Langkawi Island than to the mainland; "principal customs area" means Malaysia exclusive of Labuan and Langkawi. Customs 163B. (1) Notwithstanding anything to the dutics relating contrary contained in this Act- ISE to Langkawi.
(a) no import duty shall be.payable upon ΠIXA ,STRI anyi goods imported into Langkawi, risisbe cTPl nsi other than the following: b -gΠ»ΠΈ2sm gΠ» . V nisb VI
(i) petroleum and petroleum products; and
(ii) any goods which the Minister may from time to time declare by TARI MATZ order published in the Gazette; MBISU udi(b) no export duty shall be payable upon any goods exported from Langkawi. other than any goods which the Minister may from time to time declaro by order published in the Gazette;
.JiIL Transportation of goods to or from from or to the principal customs arca. [Bab II, S. 5)
(c) import duty shall be payable upon all dutiable goodstransported to the principal customs area from Langkawi as if such transportation to the principal customs area were importation into Malaysia;
(d) export duty shall be payable upon all dutiable goods transported from the principal customs area to Langkawi to all intents as if such transportation from the principal customs area were export from Malaysia; and
(e) the Minister may by order, prescribe the meaning of the word "value" in relation to goods transported from Langkawi to the principal customs area.
(2) Subsections (2), (3), (4), (5) and (6) of section 11 shall apply to any order made by the Minister under paragraph (a) (ii) or (b) of subsection (1).
(3) Nothing in this section shall render inapplicable to Langkawi any other customs duty which may be fixed by the Minister under subsection (1) of section 1l.itosllos 163c. Where goods are transported-
(a) from Langkawi to the principal customs area; or
(b) from the principal customs area to Langkawi. the provisions of this Act, other than sections 81,82, 83, 84, 85, 86 and 87 thereof, shall with such modifications and adaptations as may be iepested mnto, or as the case may bo, expore from, the principal customs area from or to a place outside Malaysia, and without prejudice
[Bab II, S. 5] to the above generality, the provisions of Part XII shall apply to goodstransported to or from Langkawi from or to the principal customs area and to persons and vehicles transporting such goods as if Langkawi were a place outside Malaysia. Declara- 163D. The person in charge of any vessel or tion of goods transaircraft on which goods are transported from Poredfrom Langkawi to the principal customs area shall make a declaration substantially in the principal prescribed form giving particulars of the customs goods transported in such vessel or aircraft. arca. Dutiable goods 1o be decmed to be nondutiable while in Langkawi. 163E. Except for the purpose of section 48, any dutiable goods, other than petroleum and petroleum products, and other goods declared by the Minister under paragraph (a) (ii) of subsection (1) of section 163B or deemed to have been declared by the Minister under that section shall, while in Langkawi, be deemed to be non-dutiable goods and the provisions of this Act shall be construed accordingly. Collection of duties in Langkawi. 163F. In making regulations under section 142, the Minister may provide for the collection in LangkawΔ± of the customs duties payable in respect of goods transported or about to be transported from or to Langkawi to or from the principal customs area. Applica- 163G. The provisions of Part X which deals tion of Part X to with drawback shall apply to goods other than goods trans- those specified under paragraph (a) (i) of ported 10 subsection (I) of section 163 and goods Langkawi. declared by the Minister under paragraph (a)
(ii) of subsection (1) of section 163b or deemed to have been declared by the Minister under that section, transported from the principal customs area to Langkawi as if such goods had been exported."
[Bab III, S. 6-8]
Seksyen 72 Akta Cukai Jualan 1972, yang disebut Pindaan "Akta ibu" dalam Bab ini, adalah dipinda dengan scksyen 72. Akla bt. memasukkan selepas perkataan "Labuan" dalam tafsiran "kawasan utama kastam" perkataan-perkataan "dan Langkawi"
Part XIXA β Special provisions dealing with
Chapter III β Amendments to the salfs tax act 1972
The principal Act is amended by deleting sections 81 Deletion of sections 8I and 82. and 82.
The principal Act is amended by inserting after New sections section 82 the following new Part XVII and new *3. R4 5. 86. 87. 88. sections 83, 84, 85, 86, 87, 88, 89 and 90: 89 and 0.
Part XVII β Special provisions dealing with
Chapter IV β Amendments to the excise act 1976
The Excise Act 1976 is amended by inserting after New sections section 91, the following new Part XVa and new 91A. 91s, 91c and 91D. sections 91a, 91B, 91c and 91lD: Act 176.
Seksyen 1 Akta Cukai Perkhidmatan 1975, yang Pindaan disebut "Akta ibu" dalam Bab ini, adalah dipinda seksyen l. Akta 151. dengan memasukkan selepas perkataan "Malaysia" dalam subseksyen (1) perkataan-perkataan ", kecuali Langkawiβ’
Seksyen 2 Akta ibu adalah dipinda dengan Pindaan memasukkan selepas tafsiran "Ketua Pengarah" seksyen 2. tafsiran baru "Langkawi" yang berikut: β’ "Langkawi" ertinya Pulau Langkawi dan semua pulau yang berdampingan dan terletak lebih hampir dengan Pulau Langkawi daripada dengan tanah besar;.
Cite this legislation
- Official citation
- Act 329
- Source
- lom.agc.gov.my
- Data synced
- Licence
- Official text, free to reproduce (Copyright Act 1987 [Act 332] s 3) β
Finance (No. 2) Act 1986 [Act 329] (Laws of Malaysia, lom.agc.gov.my). Retrieved via LawPlayer, https://lawplayer.com/my/act/act-329
This text is synced from lom.agc.gov.my. In case of any discrepancy, the authoritative text prevails.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).