Clause 27

by inserting, immediately after sub-paragraph (ii) of paragraph (a), the following sub-paragraph:“(iii)in the case of an Indefeasible Right of Use, for a sum equal to the amount of capital expenditure remaining unallowed immediately before the sale, computed in accordance with section 19D;”;

by deleting the word “and” at the end of paragraph (c);

by inserting, immediately after paragraph (c), the following paragraph:“(ca)notwithstanding anything in section 19D, where the sale is a sale of an Indefeasible Right of Use, the writing-down allowances provided under that section shall continue to be available as if no sale had taken place; and”; and

by inserting, immediately after the words “sections 17” in paragraph (d), the words “, 19D”.