Deductions and Tax Credits (Relevant Qualifications for Industry)

L.N. 207 of 2017

INCOME TAX ACT

(CAP. 123)

Deductions and Tax Credits (Relevant Qualifications for Industry)

(Amendment) Rules, 2017

IN exercise of the powers conferred upon him by articles

14 (2) and 96 of the Income Tax Act, the Minister for Finance, has

made the following rules:-

(1)

The title of these rules is the Deductions and Tax

Credits (Relevant Qualifications for Industry) (Amendment) Rules,

2017, and these rules shall be read and construed as one with the

Deductions and Tax Credits (Relevant Qualifications for Industry)

Rules, 2009, hereinafter referred to as "the principal rules".

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

1 st of January 2017.

The first proviso of rule 5 of the principal rules shall be

amended as follows

for the words "commences after the 31 st December,

(a)

2020" there shall be substituted the words "commences after the

31 st December, 2016"; and

(b)

immediately after the words "may specify by

means of a notice in the Gazette:" there shall be added the

following new proviso

"Provided further that the administration and

processing of applications, whether pending or otherwise,

submitted by or after the 31 st December 2016, shall be

assigned to the Ministry for Education and Employment:".

€0.09