With the permission of the Chair, I will deal with amendments Nos. 9 and 10 together.
I move amendment No. 9:
In page 32, in subsection (4), line 3, after " Case IV of Schedule D " to insert the following:
" for the year of assessment in which the subsequent accounting period ends on an amount the income tax on which at the standard rate for the said year of assessment is equal to the amount of the said tax credit and this assessment shall be ".
These are two drafting amendments similar to those proposed in regard to section 25. Subsection (4) provides for the " claw-back " of relief by means of an assessment to income tax under Case IV of Schedule D. The first amendment clarifies the position in relation to section 26 and the form such assessment must take.
The second amendment is to ensure that the amount included in such assessment shall not be treated as income for any other purpose.