INCOME TAX (ALLOWANCE FOR INCREASED EXPORTS) (AMENDMENT) RULES 2003 [P.U. (A) 309]

INCOME TAX (ALLOWANCE FOR INCREASED EXPORTS) (AMENDMENT)

RULES 2003 [P.U. (A) 309]

(Gazetted on 21 August, 2003)

 

IN exercise of the powers conferred by paragraph 154(1)(b) of the Income Tax Act 1967 [Act 53], the Minister makes the following rules:

 

Citation and commencement

 

1. (1) These rules may be cited as the Income Tax (Allowance for Increased Exports) (Amendment) Rules 2003.

 

(2) These Rules are deemed to have come into operation on 1 January 2002.

 

Amendment of rule 2

 

2. The Income Tax (Allowance for Increased Exports) Rules 1999 [P.U. (A) 128/1999] are amended in rule 2 in respect of the interpretation of  “agricultural produce” by inserting after the words “ornamental fish” the words

“frozen raw prawn or shrimp, frozen cooked and peeled prawn and frozen raw cuttle fish and squid”.

 

Made 18 July 2003

[Perb. 0.3865/G/7(SJ.) Vol. 6(Sk.1)(4); LHDN. 01/35/(S)/42/51/82-10.1; PN(PU²)80/XXXVIII]

 

DR. JAMALUDIN BIN MOHD JARJIS

Second Minister of Finance

 

[To be laid before the Dewan Rakyat pursuant to subsection 154(2) of the Income Tax Act 1967]