4.—(1) For the purposes of section 43P(1)(b) of the Act and subject to paragraph (2), tax is payable at the rate of 10% for each year of assessment on the income of an approved qualifying company derived from the carrying on of such of the following activities or services as the Minister or the appointed person may specify:
(a)
prescribed qualifying structured commodity financing activities;
(b)
prescribed treasury activities;
(c)
prescribed advisory services in relation to mergers and acquisitions.
(2) Tax at the rate of 5% is payable for each year of assessment upon any income mentioned in paragraph (1) of an approved qualifying company which satisfies all conditions that are imposed by the Minister or the appointed person.