INCOME TAX (EXEMPTION) (NO. 13) ORDER 2001

INCOME TAX (EXEMPTION) (NO. 13) ORDER 2001

P.U. (A) 310

 

In exercise of the powers conferred by paragraph 127(3)(b) of 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 (Exemption) (No. 13) Order 2001.

 

(2) This Order shall be deemed to have come into operation on 6 October 1997.

 

Exemption

 

2. (1) The Minister exempts an individual, a trust unit or a closed-end fund from the payment of income tax in respect of interest derived from bonds other than convertible loan stock paid or credited by any company listed in Malaysia Exchange of Securities Dealing and Automated Quotation Berhad. 

 

(2) Nothing in subparagraph 2(1) shall absolve or be deemed to have absolved the individual, the trust unit or the closed-end fund from complying with any requirement to submit any return or statement of accounts or to furnish any other information under provisions of the Act.

 

Made 17 July 2001.

[Perb. (8.09) 248/7-1048 (13); LHDN. 01/35/(S)/42/51/231-2; PN(PU²)80/XXX]

 

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 127(4) of the Income Tax Act 1967]