Clause 17

by inserting, immediately after subsection (14), the following subsection:“(14A) Unless otherwise provided in this Act or the Economic Expansion Incentives (Relief from Income Tax) Act, (Cap. 86) where, in the basis period for any year of assessment, the trade, profession or business, for which purpose the machinery or plant is provided, produces income that is exempt from tax as well as income chargeable with tax, the allowances for that year of assessment shall be made against each income for that year of assessment in such proportion as appears reasonable to the Comptroller in the circumstances.”; and

by inserting, immediately after the word “factory” in the definition of “automation equipment” in subsection (15), the words “within the meaning of section 6 of the Factories Act (Cap.104)”.