KUALA LUMPUR, June 8 — The Inland Revenue Board of Malaysia Bill 2023 was tabled for the first reading in the Dewan Rakyat today.
Based on the blue copy of the bill distributed in Parliament today, the amendment involves the provisions of the IRB Act 1995 where Clause 1 contains a brief title and arrangement of the coming into force of the proposed Act. Whereas, Clause 3 aims to amend section 7 of Act 533 to provide that members appointed under paragraph 6 or shall also hold office, subject to terms determined by the minister, for a period not exceeding three years and shall be re-appointed.
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