Section 24
Section 23 of the principal Act is amended—
of Promotion of Investments (Amendment) Act 2011
Amendment ActIn forceProvision 24 of 54
Section 24
(a)
in subsection (3), by deleting the words " , if the Director General is satisfied with the entries in the exempt account,";
(b)
by substituting for subsection (5) the following subsection:
"（5）The company shall keep a copy of the exempt account until the Director General is satisfied that there is no further need to maintain the exempt account."; and
(c)
in subsection (6), by deleting the words " , to the extent that the Director General is satisfied that the dividends so paid are paid out of that amount,".
Amendment of section 24