NIGERIA LNG (FISCAL INCENTIVES, GUARANTEES AND ASSURANCES) ACT

Section 8: Restriction on set off of capital allowance.

1989Section 8 of 11Federal Republic of Nigeria

Notwithstanding the provisions of sub-paragraph (7) of paragraph 24 of the Second Schedule to the Companies Income Tax Act, the Company shall not be restricted on the set off of capital allowance accumulated during its tax relief period against its assessable profits in the periods following the end of its relief period.
[Second Schedule.]

Cite this section

Section 8, NIGERIA LNG (FISCAL INCENTIVES, GUARANTEES AND ASSURANCES) ACT (1989).

https://repo.podus.ai/laws/nigeria-lng-fiscal-incentives-guarantees-and-assurances-act/section/8/