Section 34
Gifts to Institute exempt from income tax
of Institute of Brunei Technical Education Act
The Institute is deemed to be a charitable institution for the purposes of section 10(1)(f) of the Income Tax Act (Chapter 35).
Application of Societies Act (Chapter 203) to student bodies 35.
(1)
Notwithstanding anything to the contrary in the Societies Act
(Chapter 203), the provisions of that Act shall have effect in relation to the
Institute student’s association and its constituent bodies.
(2)
The Minister of Home Affairs may, by order published in the
Gazette, exempt the Institute students’ association and any of its constituent
Institute of Brunei Technical Education 20
bodies from all or any of the provisions of the Societies Act (Chapter 203)
subject to such conditions as may be specified in this Act.