SECTION PART I.- PRELIMINARY 1. Short title 2 ... - Lexadin

exclusively laid out or expended, or any liability not being a
liability wholly or exclusively incurred, for the purpose of those
operations;
(b) any capital withdrawn or any sum employed or intended to
be employed as capital;
(c) any capital employed in improvements as distinct from
repairs;
(d) any sum recoverable under an insurance or contract of
indemnity;
(e) rent of or cost of repairs to any premises or part of premises
not incurred for the purpose of those operations;
(f) any amounts incurred in respect of any income tax, profits tax
or other similar tax whether charged within Nigeria or
elsewhere;
Annotation
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(g) the depreciation of any premises, buildings, structures, works
of a permanent nature, plant, machinery or fixtures;
(h) any payment to any provident, savings, widows' and orphans'
or other society, scheme or fund, except such payments as are
allowed under subsection (1) (f) of section 10 of this Act;
1996 No. 31
(i) any customs duty on goods (including articles or any other
thing) imported by the company -
(i)
(ii)
for resale or for personal consumption of employees of
the company, or
where goods of the same quality to those so imported
are produced in Nigeria and are available, at the time
the imported goods were ordered by the company for
sale to the public at prices less or equivalent to the cost
to the company of the imported goods.
1973 No. 15
(j)
any expenditure for the purchase of information relating
to the existence and extent of petroleum deposits.
(2) Notwithstanding the provisions of subsection (1)(b) of section 10 of
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