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royalty "royalty" includes any sum authorized to be assessed in lieu of royalty;
ACT 313 - NATIONAL FORESTRY ACT 1984
2. Interpretation. |
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royalty "royalty" includes- (a) any sums paid as consideration for the use of, or the right to use - (i) copyrights, artistic or scientific works, patents, designs or models, plans, secret processes or formulae, trademarks, or tapes for radio or television broadcasting, motion picture films, films or video tapes or other means of reproduction where such films or tapes have been or are to be used or reproduced in Malaysia or other like property or rights; [Subs. Act 557] (ii) know-how or information concerning technical industrial, commercial or scientific knowledge, experience or skill; (b) income derived from the alienation of any property, know-how or information mentioned in paragraph (a) of this definition;
ACT 53 - INCOME TAX ACT 1967
2. Interpretation. |
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See Also: Translator EN-BM |