I move amendment No. 4:
In page 20, subsection (7), line 20, after " is a time " to insert the following:
" immediately preceding the accounting period first mentioned in subsection (6) ".
This is a drafting amendment designed to prevent any claim that might possibly be made that the allowances should be carried back, at the company's choice, to an accounting period ending in any earlier period, even years before, equal in length to the accounting period for which the allowances arose. This is in conformity with existing taxation principles.