Finance Act, 1984

Allowances in respect of certain laboratories.

36.Section 255 (1) of the Income Tax Act, 1967 , shall have effect, as respects capital expenditure incurred on or after the 25th day of January, 1984, as if the reference in paragraph (a) to a mill, factory or other similar premises included a reference to a laboratory the sole or main function of which is the analysis of minerals (including oil and natural gas) in connection with the exploration for, or the extraction of, such minerals.