Section 49D: Charitable institution

49D. Charitable institution The Director-General may, for the purposes of this Act, approve as charitable institution an entity which has objects that – (a) are of a public character; (cid:11)(cid:69)(cid:12)(cid:3) (cid:71)(cid:82)(cid:3)(cid:81)(cid:82)(cid:87)(cid:3)(cid:92)(cid:76)(cid:72)(cid:79)(cid:71)(cid:3)(cid:68)(cid:81)(cid:92)(cid:3)(cid:83)(cid:85)(cid:82)(cid:191)(cid:87)(cid:86)(cid:3)(cid:87)(cid:82)(cid:3)(cid:76)(cid:87)(cid:86)(cid:3)(cid:80)(cid:72)(cid:80)(cid:69)(cid:72)(cid:85)(cid:86)(cid:30) (c) are exclusively for – (i) the advancement of religion; (ii) the advancement of education; (iii) the relief of poverty, sickness and disability; (iv) the protection of environment; (v) the advancement of human rights and fundamental freedoms; (vi) the promotion of any other public object (cid:69)(cid:72)(cid:81)(cid:72)(cid:191)(cid:70)(cid:76)(cid:68)(cid:79)(cid:3)(cid:87)(cid:82)(cid:3)(cid:87)(cid:75)(cid:72)(cid:3)(cid:70)(cid:82)(cid:80)(cid:80)(cid:88)(cid:81)(cid:76)(cid:87)(cid:92)(cid:30)(cid:3)(cid:68)(cid:81)(cid:71) (d) are carried out either in or outside of Mauritius. (l) in section 50D, by repealing subsection (1) and replacing it by the following subsection – (1) The income tax payable under section 50B shall be calculated on the chargeable income ascertained 340 Acts 2021 under section 50C at the appropriate rate applicable under Part II or IV of the First Schedule. (m) in section 50L – (i) in subsection (1), by deleting the words “Every company” and replacing them by the words “Subject to subsection (1A), every company”; (ii) by inserting, after subsection (1), the following new subsection – (1A) Subsection (1) shall not apply to a company with respect to an income year where, for the preceding income year, the company has elected to pay a presumptive tax under section 111V. (iii) in subsection (2)(b)(ii), by inserting, after the words “Part A”, the words “and Part AA”; (n) in section 57, by deleting the words “24A and 24B and 27H” and replacing them by the words “24A, 24B, 27H and 27J”; (o) by inserting, after section 65A, the following new section –