Section 30A: (1) Subject to paragraph (2), the

30A. (1) Subject to paragraph (2), the income of a corporation holding – (cid:3) (cid:11)(cid:68)(cid:12)(cid:3) (cid:68)(cid:3) (cid:41)(cid:68)(cid:80)(cid:76)(cid:79)(cid:92)(cid:3) (cid:50)(cid:73)(cid:191)(cid:70)(cid:72)(cid:3) (cid:11)(cid:54)(cid:76)(cid:81)(cid:74)(cid:79)(cid:72)(cid:12) Licence; or (cid:3) (cid:11)(cid:69)(cid:12)(cid:3)(cid:68)(cid:3)(cid:41)(cid:68)(cid:80)(cid:76)(cid:79)(cid:92)(cid:3)(cid:50)(cid:73)(cid:191)(cid:70)(cid:72)(cid:3)(cid:11)(cid:48)(cid:88)(cid:79)(cid:87)(cid:76)(cid:83)(cid:79)(cid:72)(cid:12) Licence, which is issued on or after 1 September 2016 by the Financial Services Commission established under the Financial Services Act, provided that – (i) the income is derived from the activities covered under that licence; and (cid:3) (cid:11)(cid:76)(cid:76)(cid:12)(cid:3)(cid:87)(cid:75)(cid:72)(cid:3)(cid:70)(cid:82)(cid:85)(cid:83)(cid:82)(cid:85)(cid:68)(cid:87)(cid:76)(cid:82)(cid:81)(cid:3)(cid:86)(cid:68)(cid:87)(cid:76)(cid:86)(cid:191)(cid:72)(cid:86) the conditions – (A) of minimum employment; and (B) relating to the substance of its activities, (cid:3) (cid:68)(cid:86)(cid:3) (cid:86)(cid:83)(cid:72)(cid:70)(cid:76)(cid:191)(cid:72)(cid:71)(cid:3) (cid:69)(cid:92)(cid:3) (cid:87)(cid:75)(cid:72)(cid:3) (cid:41)(cid:76)(cid:81)(cid:68)(cid:81)(cid:70)(cid:76)(cid:68)(cid:79)(cid:3) (cid:54)(cid:72)(cid:85)(cid:89)(cid:76)(cid:70)(cid:72)(cid:86)(cid:3) Commission established under the Financial Services Act. 360 Acts 2021 (2) The exemption shall be for a period of 10 income years as from the income year in which the corporation was granted its licence. (IV) in item 41(a), by inserting, after the words “investment adviser”, the words “, investment dealer”; (V) in item 42(a), by deleting the words “ship and aircraft leasing” and replacing them by the words – the leasing of – (i) ships; (ii) aircrafts; (iii) locomotives and trains, including rail leasing; (VI) by adding the following new item –