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Finance Act 1997 Chapter IX — Amendments to the free zones act 1990

s 49–s 59 · 11 sections

Commencement of amendments to the Free Zones Act 1990

s 49

This Chapter shall be deemed to have come into force on 25 October 1996.

Amendment of section 2

s 50

The Free Zones Act 1990 [Act 438], which in this Chapter is referred to as the “principal Act”, is amended in subsection 2(1) by substituting for the definition of “commercial activity” the following definition: ‘ “commercial activity” includes trading (excluding retail trade), breaking bulk, grading, repacking, relabelling and transit;’.

Amendment of section 5

s 51

Paragraph 5(2)(c) of the principal Act is amended by inserting after the word “package” the words “or otherwise”.

New section 6 A

s 52

The principal Act is amended by inserting after section 6 the following section: “Retail trade in free zone 6A. The Minister may, at his absolute discretion, authorize any retail trade to be conducted in a free zone and the Minister may in relation to such authorization impose such conditions as he may deem fit.”.

Amendment of section 8

s 53

Section 8 of the principal Act is amended by deleting subsections (2) and (3).

Amendment of section 9

s 54

Section 9 of the principal Act is amended by inserting after the word “5” the words “, 6 A”.

Amendment of section 10

s 55

Section 10 of the principal Act is amended by substituting for subsection (3) the following subsection: “(3) Notwithstanding anything to the contrary in any written law, the Minister may allow any activity to be carried out in a free zone subject to such conditions as he may deem fit to impose.”

Amendment of section 11

s 56

Section 11 of the principal Act is amended— (a) in subsection (1) by deleting the words “and are approved by the Minister”; and (b) by substituting for subsection (2) the following subsection: “(2) The Minister may, in any particular case, allow goods, other than those referred to in subsection (1), to be brought into a free industrial zone for any activity as he may approve and subject to such conditions as he may deem fit to impose.”.

Amendment of section 12

s 57

Subsection 12(1) of the principal Act is amended by deleting the words “for retail trade or otherwise”.

Amendment of section 13

s 58

Subsection 13(1) of the principal Act is amended by inserting after the word “maintain” the words “or allow”.

Amendment of section 30

s 59

Paragraph 30(a) of the principal Act is amended by inserting after the word “5” the words “, 6A”.

Back to Finance Act 1997 — full text

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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