32. Section 45A of the principal Act is amended —
(a)
by inserting, immediately after subsection (2A), the following subsections:
“(2B) Subject to such conditions as the Minister may impose, subsection (1) shall not apply to ––
(a)
any prepayment fee, redemption premium or break cost from any qualifying debt securities issued during the period from 15th February 2007 to 31st December 2008; or
(b)
any discount, prepayment fee, redemption premium or break cost from any qualifying project debt securities issued during the period from 15th February 2007 to 31st December 2008.
(2C) Subject to such conditions as the Minister may impose, subsection (1) shall not apply to —
(a)
such other income directly attributable to any qualifying debt securities issued on or after a prescribed date, as may be prescribed by regulations; or
(b)
such other income directly attributable to any qualifying project debt securities issued on or after a prescribed date, as may be prescribed by regulations.”; and
(b)
by deleting the definition of “qualifying debt securities” in subsection (3) and substituting the following definitions:
“ “break cost”, “prepayment fee”, “qualifying debt securities”, “qualifying project debt securities” and “redemption premium” have the same meanings as in section 13(16).”.