INLAND REVENUE BOARD OF MALAYSIA (AMENDMENT) ACT 2023

This Act comes into operation on a date to be appointed by the Minister by notification in the Gazette.

Amendment of section 6

in subsection (1)—

in paragraph (d), by deleting the word “and”

at the end of that paragraph; and

INLAND REVENUE BOARD OF MALAYSIA

(AMENDMENT) ACT 2023

4

in subsection (2)—

by substituting for the words “paragraph (1)(e)”

the words “paragraphs (1)(da), (db) and (e)”;

and

by substituting for subsection (1) the following subsection:

“(1)  The Minister may, at any time, without giving any reason therefor, revoke the appointment of—

any member appointed under paragraph 6(1)(d)

or (e);

Inland Revenue Board of Malaysia (Amendment)

a member appointed under paragraph 6(1)(da)

after consultation with the Chief Minister of Sabah provided that another person shall be appointed forthwith as required under paragraph 6(1)(da) in place of that member whose appointment has been so revoked; or

a member appointed under paragraph 6(1)(db)

after consultation with the Premier of Sarawak provided that another person shall be appointed forthwith as required under paragraph 6(1)(db)

in place of that member whose appointment has been so revoked.”; and

in subsection (2), by substituting for the words

“paragraph 6(1)(d)” the words “paragraph 6(1)(d),

(da), (db)”.

Amendment of section 28

in subparagraph (ii), by deleting the word “or” at the end of that subparagraph; and

by inserting after subparagraph (iii) the following subparagraphs:

“(iv) an Islamic bank duly licensed under the Islamic

Financial Services Act 2013 [Act 759];

any other financial institution duly licensed under the Islamic Financial Services Act 2013;