Clause 7

by deleting subsection (1B) and substituting the following subsection:“(1B) Notwithstanding section 19, where a person proves to the satisfaction of the Comptroller that he has, for the purposes of a trade, business or profession carried on by him, installed a generator in any office or factory for the supply of electrical power to that office or factory in the event of a disruption in the normal supply of electrical power, he shall, in lieu of the allowances provided by subsection (1) or by section 19, be entitled, if he so elects, to an allowance of 100% in respect of the capital expenditure incurred during or after the basis period for the year of assessment 1990 on the provision of that generator.”;

by inserting, immediately after subsection (1C), the following subsection:“(1D) Where at the end of the basis period for the year of assessment 1990 a person has in use any prescribed automation equipment or any generator referred to in subsection (1B) in respect of which capital allowances have been made under subsection (1) or under section 19, there shall be made to him, on due claim, an allowance of an amount equal to the capital expenditure then remaining unallowed under subsection (1) or under section 19 in respect of that equipment or generator.”; and

by deleting the words “subsection (1B)” in the first line of subsection (6) and substituting the words “subsection (1D)”.