INCOME TAX (PROMOTION OF EXPORTS) (AMENDMENT) RULES 2003 [P.U. (A) 267]

INCOME TAX (PROMOTION OF EXPORTS) (AMENDMENT) RULES 2003 [P.U. (A) 267]

(Gazetted on 17 July, 2003)

 

IN exercise of the powers conferred by subsection 41(1) of the Promotions of Investment Act 1986 [Act 327], the Minister makes the following rules:

 

Citation and commencement

 

1. (1) These rules may be cited as the Income Tax (Promotion of Exports) (Amendment) Rules 2003.

 

(2) These Rules are deemed to have effect from the year of assessment 2002.

 

Amendment of rule 4

 

2. The Income Tax (Promotion of Exports) Rules 1986, contained in the Schedule to the Act, are amended in paragraph 4(2)(e)—

 

(a) by substituting for the word “two” the word “three”; and

 

(b) by inserting after the words “accomodation and” the words “a maximum of one hundred and fifty ringgit per day for”.

 

Made 26 June 2003

[Perb. 0.3865/73 Vol. 21(SK.4); LHDN. 01/35/(S)/42/51/82-9; PN(PU²)451/V]

 

DR. JAMALUDIN BIN MOHD JARJIS

Second Minister of Finance