Short title and commencement
s 1
(1) This Act may be cited as the Inland Revenue Board of Malaysia Act 1995. (2) This Act shall come into force on such date as the Minister may, by notification in the Gazette, appoint.
Inland Revenue Board of Malaysia Act 1995 Part I — PRELIMINARY
Interpretation
s 2
In this Act, unless the context otherwise requires— “appointed day” means the day on which this Act comes into force; “Board” means the Inland Revenue Board of Malaysia established under section 3; “body” means a body corporate; “Chairman” means the Chairman of the Board and includes any temporary Chairman of the Board; Laws of Malaysia Act 533 “chief executive officer” means the chief executive officer appointed under subsection 6a(1) and includes any person appointed under subsection 6a(3); “Director General” means the Director General of Inland Revenue referred to in section 134 of the Income Tax Act 1967 [Act 53]; “Fund” means the Fund established under section 23; “liabilities” means liabilities, debts, charges, duties and obligations of every description whether present or future, actual or contingent, and whether payable or to be observed or performed in Malaysia or elsewhere; “member” means a member of the Board referred to under section 6; “Minister” means the Minister for the time being charged with the responsibility for finance; “property” includes all property, movable and immovable, and all estates, interests, easements or rights, whether equitable or legal in, to or out of property, choses in action, money and goodwill; and “vested”, in relation to property, includes rights to property which are future or contingent and rights in reversion and remainder; “rights” means all rights, powers, privileges and immunities, whether actual, contingent or prospective; “vesting date” means the date on which property, rights and liabilities specified by the Minister in the order under subsection 4(1) to which the Government of Malaysia was entitled or subject to, are transferred to and vested in the Board.
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Provisions on this page are reproduced verbatim from official open data. See the attribution line.
Text as at 1 January 2006 (LOM reprint); amendments made after that date may not be incorporated. Read the official text ↗
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).
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