Highly Qualified Persons (Amendment) Rules, 2011

L.N. 192 of 2011

INCOME TAX ACT

(CAP. 123)

Highly Qualified Persons (Amendment) Rules, 2011

IN exercise of the powers conferred by articles 56(21) and 96 of

the Income Tax Act, the Minister of Finance, the Economy and

Investment has made the following rules

(1) The title of these rules is the Highly Qualified

Persons (Amendment) Rules, 2011, and these rules shall be read and

construed as one with the Highly Qualified Persons Rules, hereinafter

referred to as "the principal rules".

(2) These rules shall be deemed to have come into force on the

1st January, 2010.

In sub-rule (2) of rule 1 of the principal rules, for the words

"on the 1 st January, 2011." there shall be substituted the words "on the

1 st January, 2010.".

In sub-rule (2) of rule 5 of the principal rules, for the words

"year of assessment 2012." there shall be substituted the words "year

of assessment 2011.".

In sub-rule (1) of rule 7 of the principal rules, for the words

"1 st January, 2011," there shall be substituted the words "1 st January,

2010,".

In rule 12 of the principal rules, for the words "rule 9"

there shall be substituted the words "rule 10".

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