Singapore legislation
Clause 7
Clause 7
Amendment of section 19A
Section 19A of the principal Act is hereby amended by deleting subsection (1) thereof and the marginal note thereto and substituting therefor the following: —“Special allowances for prescribed plant and machinery and anti-pollution equipment19A.—
Notwithstanding the provisions of section 19 of this Act where a person proves to the satisfaction of the Comptroller that —
he is carrying on an industrial enterprise as defined in subsection (5) of this section; or
he has installed any equipment or device for the purpose of preventing, controlling or reducing air pollution or water pollution,he shall in lieu of the allowances provided by section 19 of this Act be entitled for a period of three years to an annual allowance of thirty-three and one-third per cent in respect of the capital expenditure incurred —
on or after 1st January, 1965 on the provision of machinery or plant for the purposes of that industrial enterprise; and
on or after 1st January, 1973 on the provision of that equipment or device.”.