Investment Incentives Order, 2001 · As enacted · Part XII
90. 111
Official textFrom Attorney General's Chambers, unchanged
The tax relief period of a warehousing company or a servicing 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 satisfi.ed 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 warehousing company or servicing company for such further period or periods, not exceeding 3 years at any one time, as he may determine, except that the tax relief period of the warehousing company or servicing company shall not in the aggregate exceed 20 years.
Minister
"Minister" means the Minister charged with the responsibility for industrial development;
Prohibition of acquisition without approval.
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;
Minister
Defined · s 3"Minister" means the Minister charged with the responsibility for industrial development;
servicing company
Defined · s 88"servicing company" means a company which has been approved as a servicing company und~r section 89;
warehousing company
Defined · s 88"warehousing company" means a company which has been approved as a warehousing company under section 89. Approved warehousing company or servici~g company.
Part XIII