Concessionary rate of tax
5.—(1)  Tax is payable at the concessionary rate specified in section 43G(1A) of the Act on the income of a company derived from the operation of its approved Finance and Treasury Centre —
(a)in respect of the provision of qualifying services that have been approved under section 43G(2)(a) of the Act; and
(b)in respect of qualifying activities that have been approved under section 43G(2)(b) of the Act.
(2)  Paragraph (1) applies in relation to an approved Finance and Treasury Centre from such date as the Minister, or such person as the Minister may appoint, may specify.