Investment Incentives Order, 2001 · As enacted · Part VIII
Section 57
Official textFrom Attorney General's Chambers, unchanged
The tax relief period of an export service company shall commence on its commencement day and shall continue for such period, not exceeding 11 years, as the Minister may, in his discretion, determine.
The Minister may, where he is satisfied that it is expedient in the public interest to do so and subject to such terms and conditions as he may impose, extend the tax relief period of any export service company or firm for such further periods, not exceeding 3 years at any one time, as he may determine, except that the tax relief period of the export service company shall not in the aggregate exceed 20 years.
Minister
"Minister" means the Minister charged with the responsibility for industrial development;
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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;
export service company
Defined · s 55"export service company" means a company which has been issued with a certificate under subsection (2) of section 56;
Minister
Defined · s 3"Minister" means the Minister charged with the responsibility for industrial development;
Part IX
International Trade Incentives
Part X
Foreign Loans for Productive Equipment
Part XI
Investment Allowances
Part XII
Part XIII