Cap. 325 · Business Promotion Act (Cap. 325)
Cap. 325 Art. 18AChild day care centres.
PART III
(1) The Corporation may, consistently with the aims and objectives of the industrial policy of the Government, grant on lease to a qualifying company, on its own or jointly with other qualifying companies, a structure or building to be used as a child day care centre for the benefit of parent-employees of such a qualifying company, other qualifying companies or service providers in government industrial estates as may be approved by the Corporation in accordance with the terms and conditions herein specified:
(a) no rent shall be charged for the first three years of the lease;
(b) thereafter an annual rent shall be charged at a rate per square metre which shall not exceed 25 per centum of the rent per square metre per annum charged for the factory allocated in accordance with article 18;
(c) the Corporation may also provide free of charge a design package which shall include detailed lay-out plans, lists of furniture and equipment required for the centre and specifications for air conditioning, ventilation and sanitary facilities;
(d) the Corporation may also finance the cost of the setting up of such a centre up to a maximum of 50 per of the total cost, excluding the costs for the air centum conditioning and ventilation, which may be financed by the Corporation up to a maximum rate of 25 per of the total cost. centum
(2) The Corporation may, consistently with the aims and objectives of the industrial policy of the Government, allow a qualifying company to use a portion of an industrial structure or building procured for such company in accordance with article 18 of this Act, as a child day care centre for the benefit of parent-employees of such a qualifying company or other qualifying companies, or parent-employees of service providers in
*Repealed by Act XVII of 1993. See the Duty on Documents and Transfers Act (Cap. 364). †22nd March, 2001 - see Legal Notice 135 of 2001. government industrial estates subject to the same terms and conditions contemplated under subarticle (1)(a), (b), (c) and (d).
(3) A qualifying company which sets up a child day care centre in a structure or building which is held by such company in full ownership, on emphyteusis or lease from third parties, may be granted by the Corporation the same benefits and assistance as provided in subarticle (1)(c) and (d).
(4) The Corporation may also provide the following assistance to qualifying companies setting up child day care centres in accordance with the provisions of subarticle (1), subarticle (2) or subarticle (3):
(a) the financing of up to a maximum of 50 per centum of the approved recurrent costs for child care at such a centre, provided that the parent-employees may not be charged more than a maximum sum per year as may be determined by the Corporation;
(b) the financing of approved initial and refresher training costs of suitably qualified staff.
(5) A qualifying company which sets up a child day care centre in accordance with subarticle (1), subarticle (2) or subarticle (3), may be allowed by the Corporation to enter into agreements with other qualifying companies or with service providers in government industrial estates regarding vacancies in such a centre.
(6) The Corporation may, in its discretion grant to a qualifying company operating a child day care centre in accordance with the provisions of subarticles (1), (2) or (3) relief from customs duty as provided in article 17 regarding furniture or equipment to be used in such a centre.
(7) The Corporation may in granting any assistance in accordance with the provisions of this article, impose any conditions it may deem fit regarding the fees which may be charged for such child day care service on the parent-employees.
(8) The Minister may from time to time, by regulations, vary the conditions and rates set out in this article.