Section 7

dengan memotong perkataan "industrial" dalam tajuk kepada perenggan 37B; dan

dengan menggantikan perenggan $ 3 7 \mathrm {B} $ dengan yang berikut:

"37B. The provisions of this Schedule relating to industrial building shall apply, mutatis mutandis, to a building or part thereof being in use for the purpose of—

research approved by the Minister within the meaning of section 34A (1) (a);

research undertaken by a company which is participating in industrial adjustment approved under section 31A of the Promotion of Investments Act 1986;

industrial training approved by the Minister; or

training undertaken by a company mentioned in subparagraph (b) in respect of its employees, and in such application, the reference to capital expenditure incurred on the construction of a building or part thereof, shall include any capital expenditure incurred on the alteration or renovation of rented premises for the purpose of carrying on therein such research, industrial training or training and the building or part thereof shall be deemed to be in use for the purposes of the business referred to in section 34A, notwithstanding that in the case of research referred to in paragraph (a), such research is not related to that business:

Provided that the provisions of this Schedule relating to industrial building shall not apply to capital expenditure incurred on a building or part thereof for the purpose mentioned in subparagraph (b) or (d) where such expenditure is incurred after ten years

KEWANGAN (No.2)

from the date of approval of industrial adjustment under section 31A of the Promotion of Investments Act 1986.".