8. Section 17JJ of the principal enactment inserted by Act, No. 24 of 1997, is hereby amended in subsection (2) of that Section as follows :-
(1) by the substitution for paragraph (b) of that subsection, of the following paragraph :"
| | "(b) is approved by the Minister, to be a company to which this section applies, by Order published in the Gazette,"
| | | (i) on or before March 31, 1998, on an application in writing in that behalf made on or before December 31, 1997 ; |
| (ii) on or before March 31, 2000, on an application in writing in that behalf made after December 31,1997, but on or before December 31, 1999;"; |
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(2) by the substitution, for paragraph (d) of that subsection, of the following paragraph :-
| | "(d) has invested"
| | | (i) before December 31,1998, in the case of a company referred to in subparagraph (i) of paragraph (b) ; and |
| (ii) before December 31, 2000 in the case of a company referred to in subparagraph (ii) of paragraph (b), |
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