Commencement of amendment to the Real Property Gains Tax Act 1976
s 18
This Chapter comes into operation on the coming into operation of this Act.
Finance Act 2023 Chapter III — AMENDMENT TO THE REAL PROPERTY GAINS TAX ACT 1976
Amendment of Schedule 2
s 19
The Real Property Gains Tax Act 1976 is amended in Schedule 2— (a) in paragraph 3— (i) in subsubparagraph (1)(b)— (A) in subsubsubparagraph (i), by deleting the word “or” at the end of the subsubsubparagraph; (B) by inserting after subsubsubparagraph (i) the following subsubsubparagraph: “(ia) the transfer of assets between former spouses pursuant to an order of any court in consequence of the dissolution or annulment of their marriage; or”; and (C) in subsubsubparagraph (ii), by substituting for the words “to a company resident in Malaysia or not” the words “to a company incorporated in Malaysia”; and (ii) in subparagraph (2), by inserting after the word “spouses” the words “or former spouses”; and (b) in subparagraph 19(5), by substituting for the words “by the spouse” the words “by the spouse or former spouse”.
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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).