8. It is hereby declared that, subject to the conditions specified in the letter of approval dated 9th October 2006, the provisions in the accounts of Keppel TatLee Finance Limited which have been transferred to OCBC Finance Limited —
(a)
shall not be deemed under section 14I(2)(b) of the Act to be a trading receipt of Keppel TatLee Finance Limited; and
(b)
shall for the purposes of section 14I of the Act be treated as having been allowed to OCBC Finance Limited as a deduction under that section.