Cap. 159 Art. 35Offences by associations of persons.

Where any offence against any of the provisions of this

Ordinance or of any rules made thereunder has been committed by an association of persons, every person who at the time of the commission of the offence was a director, general manager, secretary or other similar officer of that association or was purporting to act in any such capacity, shall be guilty of that offence unless he proves that the offence was committed without his knowledge and that he exercised all such diligence to prevent the commission of the offence as he ought to have exercised having regard to the nature of his functions in that capacity and to all the circumstances. [Article 8]

ARTICLES IN RESPECT OF THE IMPORTATION OF WHICH EXEMPTION FROM C D M B G U A 8(1) USTOMS UTY AY E RANTED NDER RTICLE

All building materials, tools, plant, machinery, pipes, pumps, conveyor belts, or other appliances and materials of any description necessary for and used in the construction, alteration, reconstruction or extension of the industrial building or necessary for and used in equipping the industrial building or any extension thereof for the production, manufacture or improvement of any article or commodity or for the provision or improvement of any service.

SECOND SCHEDULE

[Article 23]

P R A ROCEDURE EGARDING PPLICATIONS

(1) Application for aid under this Ordinance shall be made to the Corporation and shall be in such form and contain such particulars as the Corporation shall determine from time to time by notice in the Government Gazette.

(2) When the Corporation has considered an application it shall as soon as may be advise the Minister responsible for industry thereon in the form of a written report.

(i) Investment allowance: Twenty per centum of the original cost of plant and machinery invested in during the first five years of the project.

(ii) Wear and tear deductions. Year of deduction Percentage of deduction First year 30 per centum of the original cost Second year 20 per centum of the original cost Third year 20 per centum of the original cost Fourth year 10 per centum of the original cost Fifth year 10 per centum of the original cost Sixth year 10 per centum of the original cost

FOURTH SCHEDULE

[Article 5]

REDUCTION OF COMPANY TAX Proportion of Company income Reduction in tax set aside rate otherwise chargeable any amount .............................. by €0.175