Section 183

(1) Any company granted economic development tax credit, shall
from other
reliefs and not benefit from a similar tax incentive under this Act or any other law.
transition
arrangements
Cap. I7
LFN, 2004
(2) Any company granted an incentive under the Industrial Development
(Income Tax Relief) Act shall continue to enjoy the reliefs applicable under the
Act for the unexpired period as at the commencement of this Act.
(3) Where a company has been granted an economic development
incentive under this Act prior to the applicable sunset for the sector or activity,
the company shall continue to enjoy the reliefs applicable under this Chapter
for the unexpired period as specified under sections 177 and 178 of this Act.