s 105S Conditions for application of tax incentive treated as conditions of approval
105S.—(1) This section applies to each of the following approvals made before 2 December 2019:(a) an approval of a Finance and Treasury Centre of a company under section 43E for tax at a concessionary rate to be levied on the company’s income under regulations made under that section; (b) an approval of a person under section 43I, 43J, 43K, 43L, 43N, 43O, 43Q, 43R or 43S, for tax at a concessionary rate to be levied on the person’s income under that section or regulations made under that section, as the case may be.[32/2019] (2) For the purposes of section 105R, every condition imposed or specified before the date mentioned in subsection (1) under section 43G(2), 43P(2), 43Q(2), 43R(2), 43W(3), 43Y(2), 43Z(3), 43ZB(3), 43ZC(3) or 43ZD(3) of this Act as in force immediately before that date, in relation to a Finance and Treasury Centre or person, is treated as a condition imposed on the approval of the Finance and Treasury Centre or person (as the case may be) under the corresponding section mentioned in subsection (1).[32/2019] (3) In this section, “Finance and Treasury Centre” has the meaning given by section 43E.[32/2019] —(1) This section applies to each of the following approvals made before 2 December 2019:(a) an approval of a Finance and Treasury Centre of a company under section 43E for tax at a concessionary rate to be levied on the company’s income under regulations made under that section; (b) an approval of a person under section 43I, 43J, 43K, 43L, 43N, 43O, 43Q, 43R or 43S, for tax at a concessionary rate to be levied on the person’s income under that section or regulations made under that section, as the case may be.[32/2019] (2) For the purposes of section 105R, every condition imposed or specified before the date mentioned in subsection (1) under section 43G(2), 43P(2), 43Q(2), 43R(2), 43W(3), 43Y(2), 43Z(3), 43ZB(3), 43ZC(3) or 43ZD(3) of this Act as in force immediately before that date, in relation to a Finance and Treasury Centre or person, is treated as a condition imposed on the approval of the Finance and Treasury Centre or person (as the case may be) under the corresponding section mentioned in subsection (1).[32/2019] (3) In this section, “Finance and Treasury Centre” has the meaning given by section 43E.[32/2019]