865
(2) For the purposes of this section-----
(a) absence from the Colony on leave pay or pension during a year of assessment shall be deemed to be residence in the Colony unless the income payable in respect of that leave pay or pension is liable to Income Tax in the United Kingdom or in any other part of the British Empire;
(b) any periods of temporary residence in the Colony not exceeding in all three months during a year of assessment shall not be regarded as residence in the Colony.
4. Sub-section (3) of section 11 of the principal Ordin- ance is amended by the insertion of the words " and of the exemption under paragraph (iii) of the proviso to section 8" after the words allowances under this section ".
CE
5. Section 18 of the principal Ordinance is amended- (a) by the insertion of the words "computed, where practicable, on
between the words "shall be" and "the full amount in the third line of sub-section (1);
"
(b) by the addition after sub-section (4) thereof of the following new sub-section :—
(5) Where, by reason of the fact that any trade, pro- fession or business has not been carried on during the whole or a sufficient portion of the year preceding the year of assessment, or where otherwise it is in the opinion of the Commissioner impracticable to make a reasonable computa- tion based on the profits during the year preceding the year of assessment, a special assessment shall be made on the basis of the probable profits during the year of assessment.
Amendment
of Ordin- ance No.
13 of 1940,
s. 11 (3).
Amendment
of Ordin- ance No. 13 of 1940, s. 18.
6. Section 46 of the principal Ordinance is amended Amendment by the addition of the following sub-section at the end 13 of 1940,
thereof:
(6) Notwithstanding anything contained in the previous sub-sections of this section the Commissioner may agree to accept payment of tax by instalments in any case in which it may appear to him that payment of the tax in a single amount will result in hardship.
of Ordin-
s. 46.
7. The principal Ordinance is amended by the addition New section of the following section at the end thereof:-
62 added to Ordinance
No. 13 of 1940.
power of
62. The Governor in Council may by Order exempt any General person, office or institution from payment of the whole or any Governor in portion of any tax chargeable under this Ordinance.
Council to exempt.
operation of
8. The Amendments effected by this Ordinance and by Retro- Ordinance No. 21 of 1940 shall operate retrospectively to spective the commencement of the principal Ordinance and any pay- amendments. ment that may have been made in excess of the payment authorized by the principal Ordinance as so amended shall be refunded.