Investment Incentives Order, 2001 · As enacted · Part XII
Section 91
Official textFrom Attorney General's Chambers, unchanged
(ll During its tax relief period, a warehousing company shall not acquire any sales and a servicing company shall not acquire any services from any other person in connection with its trade or business without the written approval of the
Minister.
Minister
"Minister" means the Minister charged with the responsibility for industrial development;
1357
Where the Minister permits a warehousing company or a serv1cmg company to acquire such sales or services, he may vary the base export earnings as determined under subsection (3) of section 94 and impose such terms and conditions as he thinks fit.
warehousing company
"warehousing company" means a company which has been approved as a warehousing company under section 89. Approved warehousing company or servici~g company.
Application of certain sections to warehousing company or servicing company.
servicing company
"servicing company" means a company which has been approved as a servicing company und~r section 89;
Terms defined in this Act
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.
earnings
Defined · s 88"earnings" means - {a) in relation to a warehousing company, the consideration received or receivable from the sales of goods (including the provisions of services connected with or related to such sales) or the commissions received or receivable therefrom; and (b) in relation to a service company, the consideration received or receivable from the provision of services;
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