Commentary

E1.530 General and supplementary powers

Personal and employment tax

E1.530 General and supplementary powers

E1.530 General and supplementary powers

Investment plan regulations may make provision generally for the purposes of the establishment and administration of plans and the administration of income tax in relation to them1. They may also adapt or modify the effect of any enactment relating to income tax for the purposes of securing that investors are entitled to exemption from income tax in respect of investments2 and may specify how exemption from tax is to be claimed by, and granted to, investors or plan managers on behalf of investors3.

With effect from 21 July 2008, they may include provision having effect in

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