Section 4G

Any company may make an application in writing to the

Minister to be approved as a research and development status company, and the Minister may impose any pre-condition for the application.

Any company applying to be approved as a research and development status company shall state that the company carries on activity relating to research and development under this Act and complies with any pre-condition imposed for the application.

Upon receipt of an application under subsection (2), the

Minister may request for any information or additional document relating to the application, if necessary.

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*NOTE—see section 62 of Finance Act 2021 [Act 833] w.e.f 1 January 2022

Promotion Of Investments 23

Grant of research and development status