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← Finance (No. 2) Act 1985

Finance (No. 2) Act 1985 s 7

Finance (No. 2) Act 1985 s 7

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 7

Subsection (1) of section 6 of the principal Act is amended— (a) by deleting the words "or long-term loan" in subparagraph (i) of paragraph (b); (b) by substituting for the full stop at the end of paragraph (e), a semi-colon; and (c) by inserting immediately after paragraph (e), the following new paragraph (f): "(f) subject to the provisions of section 109c but notwithstanding any other provisions of this Act, income tax shall be charged ror each year of assessment upon th‹ income of an individual resident il which consists of interest (other than interest exempt from tax under this Act or any order made thereto) Amend nent of section 13. Soctonte. appropriate rate as specified under Part

Malay text (authoritative)

Pindaan seksyen 6

Subseksyen 6(1) Akta ibu dipinda— (a) dengan memotong perkataan “or long-term loan” dalam subperenggan (b)(i); (b) dengan menggantikan noktah di hujung perenggan (e) dengan koma bernoktah; dan (c) dengan memasukkan sebaik selepas perenggan (e), perenggan baharu (f) yang berikut: “(f) subject to the provisions of section 109C but notwithstanding any other provisions of this Act, income tax shall be charged for each year of assessment upon the income of an individual resident in Malaysia which consists of interest (other than interest exempt from tax under this Act or any order made thereto) accruing in or derived from Malaysia and received from a person referred to in subsection 109C(4) at the appropriate rate as specified under Part VI of Schedule 1.”.

Read this section in the full act → · Open Chapter II →

Find Act 323 on lom.agc.gov.my ↗

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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