S.L. 123.173 Art. 2Meaning of "offices". Cap. 123.

For the purpose of the definition "industrial building or structure" in article 2 of the Income Tax Act, hereinafter referred to as "the Act", the term "offices" means an office business centre that is first used and occupied on or after the 1st January 2016. The word "office business centre" means any number of units suitably furnished and equipped, with a total office space area of more than two thousand five hundred square meters, to be used exclusively for offices, provided that such units are grouped together and have in common ancillary services and amenities within a single and defined parcel of land and are operated by a common management for the use by the owner or tenants, in the course of their trade or business against payment:

Provided that the deductions referred to in article 14(1)(f) and (j) shall be available only to the owner of the office business centre.