Section 12

Terms defined in s 3

• Collector

  Collector

  Defined · s 3

  "Collector" means the Collector of Income Tax appointed under the Income Tax Act;

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• old trade or business

  old trade or business

  Defined · s 3

  "old trade or business" means the trade or business of a pioneer enterprise carried on by it during its tax relief period in accordance with section 8, and which either ceases within or is deemed, under that section, to cease at the end of that period;

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• pioneer enterprise

  pioneer enterprise

  Defined · s 3

  "pioneer enterprise" means any company which has been approved by the Minister and to which a pioneer certificate has been issued under section 5;

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• tax

  tax

  Defined · s 3

  "tax" means income tax imposed by the Income Tax Act;

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