Promotion of Investments Act 1986 s 22

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s 22 Exemption from income tax

(1) Where a statement issued under section 21, 21B , 21C, 21D, 21E or 21F has become final and conclusive under section 97 of the principal Act, the amount shown in the statement shall be exempt from tax under the principal Act. (2) Before a statement issued under section 21, 21B, 21C, 21D, 21E or 21F has become final and conclusive, the Director General may, if he thinks fit, declare that the whole or a specified part of the amount shown in the statement is not in dispute; and where he does so, so much of that amount as is affected by the declaration shall be exempt from tax under the principal Act.

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Find Act 327 on lom.agc.gov.my ↗

Text as at 1 January 2006 (LOM reprint); amendments made after that date may not be incorporated.

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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