Sports Development Act 1997 Sports Equipment

So what are the activities considered and defined as sports in the sports development act 1997.

Sports development act 1997 sports equipment. Associations etc to consult and coordinate with minister 5. Swimsuits and sports shoes. And iv payment of monthly bill for internet subscription. Interpretation p art ii sport development 3.

Here is the list. The sports development act was passed by parliament and gazetted on 25 september 1997. Sports attire this part has been a point of confusion and contention when it comes to claiming tax relief for sports equipment. Purchase of breastfeeding equipment.

Act 576 sport development act 1997 arrangement of sections p art i preliminary section 1. 1 this act may be cited as the sports development act 1997 and shall apply throughout malaysia. Short title application and commencement 2. Defination of sports under sports development act 1997.

From the year 2008 individual taxpayers are allowed to claim tax deduction of up to rm300 a year on purchase of equipments for sports as defined by the sports development act 1997. The following activities are regarded as sports for the purposes of this act. The term equipment is not defined and is thus open to discussion. In order to achieve these objectives the act establishes inter alia the sports commissioner s office and the sports advisory panel.

2 this act shall come into force on such date or dates as the minister may by notification in the gazette appoint. The power is exercised by the sports body must be governmental that is within the interest of the public public interest and for the business of government. Lhdn states in the income tax act that the tax relief for sports equipment is only eligible for those used in sporting activities defined in the sports development act 1997. Tax relief up to a maximum of rm 300 a year be given on purchase of sports equipment.

Billiards and snooker 8. And the minister may appoint different dates for the coming into force of different provisions of this act and for the application of this act to different parts of malaysia. Section 3 of the malaysian anti corruption commission act act 694 defines that any sports body registered under section 17 of the sports development act 1997 act 576 is a public body. Guidelines in relation to sports development 4.

Iii purchase of sports equipment for any sports activity as defined under the sports development act 1997 excluding motorized two wheel bicycles and gym memberships for self spouse or child. Purchase of sports equipment for tax deductions. The sports equipment includes equipment with short lifespan such as golf balls and shuttlecocks but excluding sports attire e g.