Section 88

in relation to a warehousing company, the consideration received or receivable from the sales of goods (including the provisions of services connected with or related to such sales) or the commissions received or receivable therefrom; and

in relation to a service company, the consideration received or receivable from the provision of services;

“eligible goods or services”, in relation to a warehousing company or a servicing company, means the eligible goods or services specified in the certificate issued to that company under subsection (3) of section 89;

“export earnings” means –

in relation to a warehousing company, the consideration received or receivable from export sales free on board of eligible goods (including the provision of services connected with or related to such sales) or the commissions received or receivable therefrom; and

in relation to a servicing company, the consideration received or receivable from the provision of eligible services to persons outside Brunei Darussalam who are not resident in Brunei Darussalam.

Incorporating amendments until S 5/2011

(Cleancopy) NANI/H.AFIF/fiqah _ as of 11th March 2020

59

BLUV as at 16th February 2011

“fixed capital expenditure” means capital expenditure to be incurred on any building

(excluding land) and on any new productive equipment (and, subject to the approval of the Minister, on any secondhand productive equipment) to be used in Brunei

Darussalam;

“servicing company” means a company which has been approved as a servicing company under section 89;

“warehousing company” means a company which has been approved as a warehousing company under section 89.

Approved warehousing company or servicing company.