Investment Incentives Order, 2001 · As enacted · Part IV
Section 23
Official textFrom Attorney General's Chambers, unchanged
The tax relief period of a post-pioneer company shall commence on its commencement day and shall continue for a period not exceeding 6 years as the
Minister may determine.
Minister
"Minister" means the Minister charged with the responsibility for industrial development;
(2}
The Minister may, subject to such terms and conditions as he may impose, extend the tax relief period of a post~pioneer company for such further period or periods as he may determine except that the tax relief period of the company shall not in the aggregate exceed 11 years.
pioneer company
"pioneer company" means a company certified by a pioneer certificate to be a pioneer company under the repealed Act;
Ascertainment of income in respect of other trade or busin~ss.
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;
company
Defined · s 3"company" means any company incorporated or registered in accordance with the provisions of any written law relating to companies; 1307 26th.
Minister
Defined · s 3"Minister" means the Minister charged with the responsibility for industrial development;
pioneer company
Defined · s 21"pioneer company" means a company certified by a pioneer certificate to be a pioneer company under the repealed Act;
post-pioneer company
Defined · s 21"post-pioneer company" means a company which has been issued with a certificate under subsection !2) of section 22;
Part VI
Part VII
Part VIII
Part IX
International Trade Incentives
Part X
Foreign Loans for Productive Equipment
Part XI
Investment Allowances
Part XII
Part XIII