Section 36

in the shoulder note, by inserting after the words "subsection 26F(1)" the words "or (2A)";

in subsection (1), by substituting for the proviso the following proviso:

"Provided that—

where the Minister is satisfied that the company was engaged in an activity or had otherwise incurred capital expenditure in relation thereto, from a date prior to the date from which the activity was deemed as a promoted activity under section 4, the approval may be granted retrospectively from a date not earlier than the date from which the company has been engaged in that activity or the capital expenditure had been incurred in relation thereto; and

no approval shall be granted retrospectively under subsection (1) or under the foregoing proviso from a date which is earlier than three years from the date the application under subsection 26F(1) is received by the Minister.";

by inserting after subsection (1) the following subsection:

“(1A) The Minister may grant approval in respect of an application for an investment tax allowance made under subsection 26F(2A) subject to such terms and conditions as he deems fit:

Provided that—

where the Minister is satisfied that the company had established a medical devices testing laboratory or had upgraded an existing medical devices testing laboratory, or had otherwise incurred capital expenditure in relation thereto, the approval may be granted retrospectively from a date not earlier than 8 September 2007; and

no approval shall be granted retrospectively under subsection (1A) or under the foregoing proviso from a date which is earlier than three years from the date the application under subsection 26F(2A) is received by the Minister.";

in subsection (2), by substituting for the words "subsection (1)" the words "subsections (1) and (1A)"; and

in subsection (3), by substituting for the words "subsections (1) and (2)" the words "this section".

Amendment of section 27G