S.L. 123.87 · Deductions And Tax Credits (S.L. 123.87)
S.L. 123.87 Art. 19Letter of approval by the Corporation.
The letter of approval referred to in rule 18(4)(c) shall be issued by the Corporation on the application of an individual when the Corporation is satisfied that the application is a bona fide application that complies with the provisions of rule 18, and when, after it has obtained all such information and made such ascertainment as it has considered necessary, it considers it appropriate so to do, it may determine that the course in question is a course leading to a relevant qualification and determine the extent to which, in its opinion, the expenditure referred to in the application constitutes qualifying tuition expenditure and is necessary and reasonable in the light of the purpose for which it is or was intended to be incurred, and the amount so determined shall constitute the maximum qualifying tuition expenditure: Provided that the Corporation shall not issue the letter of approval in respect of a course of studies that -
(a) commences after the 31st December, 2008 or after such earlier date as the Corporation may specify by means of a notice in the Gazette;
(b) is longer than thirty-six months..
Änderungsgeschichte
- Amended by L.N. 174 of 2007