53. Amendment of section 39B (relief in relation to income from certain trading operations carried on in Custom House Docks Area) of Finance Act, 1980.

Section 39B (as amended by section 34 of the Finance Act, 1991) of the Finance Act, 1980, is hereby amended -

(a) in subsection (2), by the substitution of "subsection (4), (5) or (5A)" for "subsection (4) or (5)", and

(b) by the insertion after subsection (5) of the following subsection:

"(5A) Where the Minister and a company, in relation to which a certificate under subsection (2) has been given, agree to the revocation of that certificate and its replacement with another certificate to be given to the company under subsection (2), the Minister may, by notice in writing served by registered post on the company, revoke the first-mentioned certificate with effect from such date as may be specified in the notice:

Provided that the provisions of this subsection shall not affect the operation of subsection (4) or (5).",

and the said subsection (2), as so amended, is set out in the Table to this section.