Amalgamation and demerger.

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Full Text of the Document

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.... as may be, apply to the amalgamated company, if it is a qualifying company. (2) Where the amalgamated company is not a tonnage tax company, it shall exercise an option for tonnage tax scheme under section 231(1) within three months from the date of the approval of the scheme of amalgamation. (3) Where the amalgamating companies are tonnage tax companies, the provisions of this Part shall, as fa....