Economic Expansion Incentives (Relief from Income Tax) Act 1967 · 2020 Revised Edition · Part 3 · Pioneer Service Companies
16. Interpretation of this Part
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In this Part, unless the context otherwise requires —“commencement day”, in relation to a qualifying activity that is approved under section 17(3) for a pioneer service company, means the date specified in the pioneer service company’s certificate under section 17(5)(b) or (7)(a) or (c) as the commencement day of that qualifying activity;“pioneer service company” means a company which has been issued with a certificate under section 17;“qualifying activity” means any of the following:
company
“company” means any company incorporated or registered in accordance with the provisions of any written law relating to companies;
any engineering or technical services including laboratory, consultancy and research and development activities;
research and development
“research and development” has the meaning given by section 2(1) of the Income Tax Act 1947;
computer-based information and other computer related services;
the development or production of any industrial design; and
such other services or activities as may be prescribed.
“commencement day”, in relation to a qualifying activity that is approved under section 17(3) for a pioneer service company, means the date specified in the pioneer service company’s certificate under section 17(5)(b) or (7)(a) or (c) as the commencement day of that qualifying activity;
certificate
“certificate” includes a letter or other document issued by the Minister to a company pursuant to an application made by the company under a provision of this Act;
“pioneer service company” means a company which has been issued with a certificate under section 17;
“qualifying activity” means any of the following:
any engineering or technical services including laboratory, consultancy and research and development activities;
computer-based information and other computer related services;
the development or production of any industrial design; and
such other services or activities as may be prescribed.