In forceAs enactedCurrent version · As enactedSee versions on Attorney General's Chambers(opens the publisher’s site)
Investment Incentives Order, 2001 · As enacted · Part XI · Investment Allowances
Investment Incentives Order, 2001 · As enacted · Part XI · Investment Allowances
Official textFrom Attorney General's Chambers, unchanged
( l) Where in the basis period for a year of assessment a company has incurred fixed capital expenditure, the company shall be given for that year of assessment an investment allowance in respect of such amount of the fixed capital expenditure as qualifies for the investment allowance under the terms and conditions of its certificate and in accordance with section 81.
company
"company" means any company incorporated or registered in accordance with the provisions of any written law relating to companies; 1307 26th.
Where any investment allowance is given to a company for an approved project, the investment allowance shall be kept in an account to be called
"investment allowance account" which shall be kept by the company for the purposes of this Part.
1353
company
"company" means any company incorporated or registered in accordance with the provisions of any written law relating to companies; 1307 26th.
fixed capital expenditure
"fixed capital expenditure" means capital expenditure to be incurred on any building (excluding land) and on any new productive equipment (and, subject to the approval of the Minister, on any secondhand productive equipment) to be used in Brunei Darussalam;
Part XIII