S.L. 123.85 ст. 3Tax credit in respect of allowable expenditure.

(1) Subject to the other provisions of these rules, when an eligible user incurs allowable expenditure in the carrying out of an approved project, it becomes entitled to claim a tax credit in accordance with these rules.

(2) The said tax credit shall be in addition to and without prejudice to the right of that eligible user to a deduction, if any, that may be allowable in respect of the said expenditure in accordance with the provisions of article 14 of the Act.