5.—(1) Tax is payable at the concessionary rate specified in section 43E(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 43E(2)(a) of the Act; and
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(b)
in respect of qualifying activities that have been approved under section 43E(2)(b) of the Act.
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(2) Paragraph (1) only applies —
(a)
if those qualifying services or qualifying activities (as the case may be) are approved in relation to the Finance and Treasury Centre for that concessionary rate of tax; and
(b)
from a date the Minister or an authorised body specifies.