S.L. 123.86 Art. 8Further conditions. S.L. 372.22

The following further conditions must also be fulfilled for eligibility to the benefit under these rules:

(a) the tax return together with audited financial statements incorporating the TIFD codes as stipulated in the Tax Index of Financial Data Rules, are to be submitted to the Commissioner by the relative tax return date for each year of assessment starting from the base year and all subsequent consecutive years during which a reinvestment tax credit is available irrespective of whether it is utilised or not;

(b) no other benefits are being claimed or may subsequently be claimed by a person on the same activity or project under any other legislation granting fiscal incentive schemes;

(c) all tax liabilities including amounts due in respect of FSS tax as well as social security contributions due up to the time of the application, except for any tax still in dispute, must have been settled or is being settled in accordance with a formal agreement drawn up with the Commissioner.