Text recovered by OCR from a scanned copy — section numbers and wording may be wrong. Check the official PDF on lom.agc.gov.my before citing.
s 52
Subsection (1) of section 2 of the Petroleum (Income Aent o-. Tax) Act 1967, which in this Chapter is referred to as section2 "the principal Act", is amended by inserting imme- 4/07. diately after the interpretation of "natural gas", the following new interpretation of "partnership": '"partnership" means an association or arrangement of any kind (including, but not limited to, joint ventures, syndicates and cases where a party to the association or arrangement is itself a partnership) between parties who have agreed to combine any of their rights, powers, property, labour or skill for the purposes of carrying on petroleum operations and sharing any petroleum production oI any profit derived therefrom;.
section 22, [Cap. VI, S. 53]
Malay text (authoritative)
Pindaan seksyen 2
Subseksyen 2(1) Akta Petroleum (Cukai Pendapatan) 1967, yang disebut “Akta ibu” dalam Bab ini, dipinda dengan memasukkan sebaik selepas tafsiran “natural gas”, tafsiran baharu “partnership” yang berikut:
‘ “partnership” means an association or arrangement of any kind (including, but not limited to, joint ventures, syndicates and cases where a party to the association or arrangement is itself a partnership) between parties who have agreed to combine any of their rights, powers, property, labour or skill for the purposes of carrying on petroleum operations and sharing any petroleum production or any profit derived therefrom;’.
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).
