Modification and exclusion of provisions of Thirteenth Schedule
13. In determining whether a foreign corporate entity registered under Part XA of the Act is a small company for the purposes of section 205C of the Act —
(a)
paragraph 1(a) of the Thirteenth Schedule to the Act is modified by disregarding the reference to paragraph 4;
(b)
paragraph 3 of the Thirteenth Schedule to the Act is modified by reading references to “incorporation” as references to “the date of registration of the foreign corporate entity”;
(c)
paragraph 4 of the Thirteenth Schedule to the Act is excluded; and
(d)
paragraph 6(a) of the Thirteenth Schedule to the Act is modified by reading the reference to “incorporation” as a reference to “the date of registration of the foreign corporate entity”.