Clause 15

by inserting, immediately after the words “section 43I” in subsection (2)(b), the words “or is acquired by an approved aircraft leasing company within the meaning of section 43Y”;

by deleting the words “subsections (1) and (2)” in subsection (3) and substituting the words “subsection (1) or (2) or section 19A(1)”;

by inserting, immediately after the words “subsection (2)” in subsection (3)(b), the words “or section 19A(1)”;

by inserting, immediately after the words “this section” in subsection (5), the words “or section 19A”; and

by inserting, immediately after subsection (5A), the following subsection:“(5B) For the purposes of subsection (2), where, at the end of the basis period for the year of assessment 2009, a person has in use any of the following motor vehicles within the meaning of the Road Traffic Act (Cap. 276):

a motor car;

a motor cycle;

a goods vehicle the maximum weight of which laden does not exceed 3,000 kilograms,in respect of which allowances have been made under this section, there shall be made to him, on due claim for that or any subsequent year of assessment and in lieu of any further annual allowance under this section, an annual allowance of 331/3% in respect of the capital expenditure remaining unallowed under this section in respect of the motor vehicle as at the beginning of the basis period for the year of assessment 2009.”.