STAMP
DUTY (EXEMPTION) (NO. 3) ORDER 2004 [P.U.(A) 20]
(Gazetted
on 8 January, 2004)
IN exercise of
the powers conferred by subsection 80(1) of the Stamp Act 1949 [Act 378],
the Minister makes the following order:
Citation and
commencement
1. (1) This
order may be cited as the Stamp Duty (Exemption) (No. 3) Order 2004.
(2) This Order is deemed to have come into operation
on 13 September 2003.
Exemption
2. All
instruments relating to a purchase of property by any financier for the purpose
of lease back under the principles of the Syariah, or any instrument by which
the financier shall assume the contractual obligations of a customer under a
principal sale and purchase agreement, are exempted from stamp duty.
Made 17 December
2003
[Perb.
CR(8.09)294/6/4-9 (SJ. 5) Vol. 3(Sk. 5); LHDN. 01/34/(S)/42/68-100- 3-1(2003);
PN(PU2)159/XXIX]
On
behalf and in the name of the Minister of Finance
DR.
NG YEN YEN
Deputy
Minister of Finance II
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