Section 114
of Investment Incentives Order, 2001
Section 114
(1)
Where the Minister is satisfied that any company to which a certificate has been issued under the provisions of this Order has contravened or has failed to comply with any of the provisions of this Order or any regulations made thereunder, or of any terms or conditions imposed on the certificate, he may, by notice in writing, require the company within 30 days from the date of service of the notice to show cause why the certificate should not be revoked;
Incorporating amendments until S 5/2011
(Cleancopy) NANI/H.AFIF/fiqah _ as of 11th March 2020
74
BLUV as at 16th February 2011
and if the Minister is satisfied that, having regard to all the circumstances of the case it is expedient to do so, he may revoke the certificate.
(2)
Where a certificate is revoked under subsection (1), the Minister shall specify the date, which may be the date of the certificate, from which its revocation shall be operative and the provisions of this Order shall cease to have effect in relation to the certificate from that date.
Provisions of Income Tax Act (Chapter 35) not affected.