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Amendment of section 267N (interpretation) of Principal Act.
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24.— (1) Section 267N(1) of the Principal Act is amended—
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(a) by substituting the following for paragraph (c) of the definition of “investment certificate”—
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“(c) is issued to a person who is not a specified person, and”,
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and
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(b) by inserting the following definition—
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“ ‘specified person’ has the meaning assigned to it by section 110 as if a reference in the definition of ‘specified person’ in that section—
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(a) to a qualifying company included a reference to a qualifying company within the meaning of this section, and
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(b) to qualifying assets were a reference to assets within the meaning of this section;”.
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(2) This section applies as respects an investment certificate (within the meaning of section 267N of the Principal Act) issued on or after 1 January 2013.
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