Clause 9

by inserting, immediately after the word “machinery” in the marginal note, the words “, and for computer”;

by deleting subsection (1) and substituting the following subsection: —“(1) Notwithstanding section 19 where a person proves to the satisfaction of the Comptroller that —

he is carrying on an industrial enterprise as defined in subsection (5);

he has installed any equipment or device for the purpose of preventing, controlling or reducing air pollution or water pollution;

he has installed a computer for the purposes of a trade, profession or business carried on by him; or

he is carrying on business as a research and development organisation,he shall, in lieu of the allowances provided by section 19, 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;

on or after 1st January, 1973, on the provision of that equipment or device for the purpose of preventing, controlling or reducing air pollution or water pollution;

on or after 1st January, 1980, on the provision of that computer; and

on or after 1st January, 1980, on the provision of machinery or plant for use in his business of providing research and development services for any manufacturing trade or business.”; and

by deleting subsection (4) and substituting the following subsection: —“(4) For the purposes of this section —

“computer” means —

a stored programme digital computer; or

an analogue computer,used for automatic data processing and includes part of such a computer;

machinery or plant shall be deemed not to include motor vehicles designed primarily and principally for the carriage of persons.”.