Clause 14
Amendment of section 15
of Income Tax (Amendment) Bill
BillNot in forceProvision 14 of 47
Clause 14
Section 15 of the principal Act is amended by inserting, immediately after subsection (2B), the following subsection:“(2C) Besides subsection (1)(b) and (d) (which are disapplied under subsection (2)), the other paragraphs of subsection (1) also do not apply to expenditure which qualifies for deduction under section 14D(1)(g).”.