No. 1 of 1951|
Termination of service of continuation in service.
6'd
SUPPLEMENT TO
FEDERATION OF MALAYA GOVERNMENT GAZETTE
FEDERAL
[7th Feb., 1957)
:
148
8
No. 59 OF 1956-·
Exemption
from Income
Tax.
M.U. No. 48
of 1947.
Loans and interest there- on.
of the provisions of this Schedule: and the provisions of this Schedule shall be construed as one with the provisions of that law:
Provided that the expression "pensionable service" in this Schedule shall include any service which may under the appro- priate law be counted in full or in part for the purpose of computation of pension.
17. There shall be exempt from income tax imposed by the Income Tax Ordinance, 1947, or any other written law for the time being in force in the Federation relating to the taxation of incomes-
(a) any compensation for loss of career;
(b) any gratuity granted under the provisions of paragrah 9; (c) any gratuity paid under the provisions of paragraph 10; (d) any compensation for which an officer is eligible under
the provisions of paragraph 11; and
(e) any gratuity payable under the appropriate law.
18. Any entitled officer who is eligible under the provisions of this Schedule to receive compensation for loss of career may, upon application to the Federation Establishment Officer for a loan not exceeding in amount three-quarters of the said compensa- tion, be granted such loan. Such loan shall be a first charge on any lump sum compensation to which an officer may be entitled and interest at the rate of one-quarter per centum per mensem on the amount of the loan outstanding shall be paid by deduction from the officer's salary.
Column (1).
PART 11
COMMUTATION FACTORS
TABLE A
(Paragraphs 9 and 10)
Officer's age on last
birthday immediately preceding date of retirement
Column (2).
Factor
23
17.15
24
17.05
25
16.94
26
16.83
27
16.72
28
16.60
29
16.48
30
16.36
31
16.23
32
16.10
33
15.96
34
15.82
35
15.68
36
15.53
1
660 8 SSED NIWⱭY ABⱭ SUBSHBAO 22:60 26. ddy 91