1950_INLAND_REVENUE_ORDINANCE — Page 28

CAP. 112]

[s. 35 cont.]

Definitions for this Part.

Inland Revenue.

(b) the amount of the annual allowances, if any, made to him in respect of the expenditure in question. [36]

36.

(a)

In this Part-

“industrial building or structure" means a building or structure in use-

(i) for the purposes of a trade carried on in a mill, factory or other similar premises; or

(ii) for the purposes of a transport, dock, water or electricity undertaking; or

(iii) for the purposes of a trade which consists of the manufacture of goods or materials or the subjection of goods or materials to any process; or

(iv) for the purposes of a trade which consists of the storage of goods or materials which are to be used in the manufacture of other goods or to be subjected, in the course of a trade, to any process;

or

(v) for the purposes of a trade which consists of the storage of goods or materials on their arrival. by sea or air into the Colony;

and, in particular, the said expression includes any building or structure provided by the person carrying on such a trade or undertaking for the welfare of workers employed in that trade or undertaking and in use for that purpose: Provided that notwithstanding anything in the foregoing the expression "industrial building or structure" does not include any building or structure in use as, or as part of, a dwelling house, retail shop, showroom, hotel or office or to any purpose ancillary to the purposes of a dwelling house, retail shop, showroom, hotel or office;

(b) "relevant interest" means, in relation to any expenditure incurred on the construction of a building or structure the interest in that building or structure to which the person who incurred the expenditure was entitled when he incurred it;

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