Section 20

Sections 8 to 16 shall apply to a pioneer service company under this Part and for the purposes of such application fa) any reference to a pioneer enterprise shall be read as a reference to a pioneer service company;

(b)

any reference to a pioneer product shall be read as a reference to a qualifying activity;

(c)

any reference to the production day of a pioneer enterprise shall be read as a reference to the commencement day of a pioneer service company;

(d)

any reference to a pioneer certificate shall be read as a reference to a certificate issued under section 18.

Terms defined in this Act

commencement day
Defined · s 17
"commencement day", in relation to a pioneer service company, means the date specified under subsection (3) or (4) of section 18 in the certificate issued to that company under that section;
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pioneer certificate
Defined · s 3
"pioneer certificate" means a pioneer certificate issued under section 5;
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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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pioneer product
Defined · s 3
"pioneer product" means a product declared under section 4 to be a pioneer product;
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pioneer service company
Defined · s 17
"pioneer service company" means a company which has been issued with a certificate under section 18;
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qualifying activity
Defined · s 17
"qualifying activity" means any of the following- {a} any engineering or technical services including laboratory, consultancy and research and development activities; {b) computer-based information and other computer related services; {c) the development or production of any industrial design; {d) services and activities which relate to the provision of leisure and recreation; {e) publishing services; {fJ services which relate to the provision of education; {g) medical services; {h) services and activities which relate to agricultural technology; {i} services and activities which relate to the provision of warehousing facilities; {j} services which relate to the organisation or management of exhibitions and conferences; {k} financial services; {l} business consultancy, management and professional services; {m} venture capital fund activity; {n} operation or management of any mass rapid transit system; {o} services provided by an auction house; {p} maintaining and operating a private museum; and {q} such other services or activities as the Minister may prescribe. Application for and issue and amendment of certificate for pioneer service company.
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Report

Part IV

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Part VI

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Part VII

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Part VIII

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Part IX

International Trade Incentives

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Part X

Foreign Loans for Productive Equipment

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Part XI

Investment Allowances

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Part XII

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Part XIII

Investments in New Technology Companies

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Part XIV

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Part XV

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