INCOME TAX (APPROVED AGRICULTURAL PROJECTS) ORDER 2002 [P.U.(A)
61]
IN
exercise of the powers conferred by paragraphs 1, 3 and 8 of Schedule 4A to the
Income Tax Act 1967 [Act 53], the Minister makes the following order:
Citation
and commencement
1. (1) This order may be cited as the Income Tax
(Approved Agricultural Projects) Order 2002.
(2) This Order shall be
deemed to have effect from the year of assessment 1989 in respect of an
agricultural project listed under items 1 and 2 in column (1) of the First
Schedule.
(3) This Order shall be
deemed to have effect from the year of assessment 1999 in respect of an
agricultural project under item 3 in column (1) of the First Schedule.
(4) This Order shall have
effect from the year of assessment 2002 in respect of an agricultural project
listed under items 4 to 16 in column (1) of the First Schedule.
Approved
agricultural projects
2. (1) The projects listed in column (1) of the
First Schedule are the agricultural projects approved by the Minister for the
purposes of Schedule 4A.
(2) The species of crop
relating to the approved agricultural project under item 3 in column (1) of the
First Schedule are listed in column (1)of the Second Schedule.
Stipulated
period and commencement of the period
3. (1) The period in relation to an approved
agricultural project under items 1 and 2 and items 4 to 16 in column (1) of the
First Schedule is stipulated in column (2) of the First Schedule and the
stipulated period shall commence from
the
date of commencement of the business consisting of the carrying on of that
project.
(2) The period in relation to
each specie of crop listed in column (1) of the Second Schedule of an approved
agricultural project under item 3 in column (1) of the First Schedule is
stipulated in column (2) of the Second Schedule
and
the sipulated period shall commence from the date of commencement of the
business consisting of the carrying on of that project.
Minimum
hectarage
4. (1) The minimum hectarage in relation to an
approved agricultural project under items 1 and 2 and items 4 to 16 in column
(1) of the First Schedule is stipulated in column (3) of the First Schedule.
(2) The minimum hectarage
in relation to each specie of crop listed in column (1) of the Second Schedule
of an approved agricultural project under item 3 in column (1)of the First
Schedule is stipulated in column (3) of the
First
Schedule.
Revocation
5. The Income Tax (Approved
Agricultural Projects)Order 1989 [P.U.(A) 296/89 ]published in the Gazette
on 5 October 1989 is revoked.
FIRST SCHEDULE
(1) (2) (3)
Project Period
Minimum
Hectarage
1. Cultivation of crops:
Papaya 1
year 40
hectarage
Banana 1
year 40
hectarage
Passion-fruit 1
year 40
hectarage
Star-fruit 2
years 8 hectarage
Guava 2
years 8 hectarage
Mangosteen 7
years 8 hectarage
2. Floriculture 2 years 8 hectarage
(plants, bulbs, tubers and roots
with or without flowers or flower
buds, of the kind specified in
Chapter 6 of the Custom Duties
Order 1988 [P.U. (A) 347/88],
which are suitable for planting
or ornamental use excluding:
(a) mushroom spawn;
(b) budded or seedling rubber
stumps;and
(c) rubber bud wood)
3. Forest plantation project 6 to 50 50 hectarage
years
depending
on
the
type
of
specie
specified
in
the
Second
Schedule
4. Cultivation of vegetables, tubers, 3 years 40
hectarage
roots, herbs, spices,crops for animal
feed and hydroponic based products
5. Ornamental fish culture-open 2 years 5 hectarage
system(land/concrete pond)
6 Ornamental fish culture-open 2
years 0.25
hectarage
system
7. Pond culture-fish and prawns 2 years 20 hectarage
(brackish water/fresh water)
8. Tank culture-fish 2 years 1 hectarage
(brackish water/fresh water)
9. Offshore-marine cage culture 2 years 0.5
hectarage
fish
10. Marine cage culture-fish 2 years 0.5
hectarage
brackish-water/fresh water)
11. Cockle culture 1
year 10
hectarage
12. Mussel and oyster culture 2 years 0.5
hectarage
13. Seaweed culture 1 year 5 hectarage
14. Shrimp hatchery 2 years 0.25 hectarage
15. Prawn hatchery 2 years 0.25 hectarage
16. Fish hatchery (sea water/ 2 years 0.5
hectarage
brackish water/fresh water)
SECOND
SCHEDULE
(1) (2)
Specie
Period
1. Bamboo poring (Gigantochloa levis) 6 years
2. Rotan (Calamus) 8
years
3. Acacia (Acacia) 15
years
4. Kelempayan (Anthocephalus) 15
years
5. Kapok (Ceiba) 15
years
6. Sawih (Duabanga) 15
years
7. Sesendok (Endospernum) 15
years
8. Mahang (Macaranga) 15
years
9. Balik angin (Mallotus) 15
years
10. Binuang (Octomeles) 15
years
11. Batai/kayu macis (Raserianthes
(Albizia)) 15
years
12. Sungkai (Peromina canescens) 15
years
13. Bayor (Pterospermum stafianum) 15
years
14. Damar minyak/Bindang (Agathis) 25 years
15. Pulai (Alstonia) 25
years
16. Hoop pine/Klinki pine (Araucaria) 25
years
17. Cempedak/Terap (Artocarpus) 25
years
18. Sentang/Ranggu (Azadirachta) 25
years
19. Javan cedar (Bischofia) 25
years
20. Terentang (Camnosperma) 25
years
21. Pokok teja (Cinnamomum) 25
years
22. Geronggang (Cratoxylon) 25
years
23. Sempilor (Dacrydium) 25
years
24. Simpoh (Dillenia) 25
years
25. Jelutong (Dyera) 25
years
26. Terbulan (Endospermum) 25
years
27. Eucalyptus (Eucalyptus) 25
years
28. Yemane (Gmelina) 25
years
29. Rubber (Hevea) 25
years
30. Khaya (Khaya) 25
years
31. Kerdam (Ilex) 25
years
32. Machang (Mangifera) 25
years
33. Nyatoh (Palaquium) 25
years
34. Petai (Parkia) 25
years
35. Pine (Pinus) 25
years
36. Angsana (Pterocarpus) 25
years
37. Melembu (Pterocymbium) 25
years
38. Bayor Batu (Petrospermum javanicum) 25 years
39. Kedondong (Santiria) 25
years
40. Gegatal (Schima) 25
years
41. Kelampu (Sandoricum) 25
years
42. Mahogany (Swietenia) 25
years
43. Teak/Kayu Jati (Tectona) 25
years
44. Talisai (Terminalia) 25
years
45. Mersawa (Anisoptera) 50
years
46. Bintangor (Anisoptera Cylophyllum) 50 years
47. Kenanga (Canaga) 50
years
48. Kedondong (Canarium) 50
years
49. Ru (Casuarina) 50
years
50. Surian batu (Chukrasia) 50
years
51. Punggai (Coelostegia) 50
years
52. Jongkong (Dactylocladus) 50
years
53. Keruing (Dipterocarpus) 50
years
54. Kapur (Dryobalanops) 50
years
55. Durian (Durio) 50
years
56. Belian (Durio Eusideroxylon zwageri) 50
years
57. Ramin (Gonystylus) 50
years
58. Mengkulang (Heritiera) 50
years
59. Merawan (Hopea) 50
years
60. Merbau (Instia) 50 years
61. Mata ulat (Kokoona) 50
years
62. Kempas (K .Koompassia) 50
years
63. Chengal (Neobalanocarpus) 50
years
64. Urat mata/Gerutu (Parashorea) 50
years
65. Melunak (Pentace) 50
years
66. Pelon (Pentaspadon) 50
years
67. Kungkur (Pithecellobium) 50
years
68. Teluto (Pterocymbium javanicum) 50
years
69. Sentul (Sandoricum) 50
years
70. Kembang semangkok (Scapium) 50
years
71. Sepetir (Scapium sindora) 50
years
72. Meranti/Engkabang/Majau/Seroya (Shorea) 50 years
73. Punah (Tetramerista) 50
years
74. Surian (Toona) 50
years
75. Resak (Vatica) 50
years
Made
24 January 2002.
[Perb.0.3865/230
Vol.3 (sk1); LHDN.01/35/(S)/51/231-2;PN(PU2)80/XXXI]
On behalf and in the name of the Minister of Finance,
CHAN KONG CHOY
Deputy Minister of Finance
[To be laid before the
Dewan Rakyat pursuant to subsection 154(2) of the Income Tax Act 1967]
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