6. Amendment of section 23 of the principal enactment

of that paragraph for the words and figures

“[other than plant, machinery or fixtures referred to in sub-paragraph (ii) or (iia)]” of the words and figures “[other than plant, machinery or fixtures referred to in sub-paragraph (ii), (iia) or (iib)” ; and

“(iib)

any computer hardware, telecommunication equipment or any accessory to such hardware or equipment acquired by him on or after April 1, 1998 but prior to April 1, 2000 for the replacement of or for upgrading, any computer hardware, telecommunication equipment or any accessory thereto acquired prior to April 1, 1998 and used in any trade, business, profession or vocation carried on or exercised by such person if such computer hardware or telecommunication equipment

Inland Revenue (Amendment)

or accessory to such hardware or equipment acquired on or after April 1, 1998 is millennium complaint, at the rate of one hundred per centum of its cost of its acquisition”;

“(eeeee)

an allowance in respect of––

acquired by such person during the period of which the profits and income are being ascertained and used by such person in any trade, business, profession, or vocation carried on or exercised by him, such allowance being an amount equal to––

(A)

thirty-three and one third per centum of the cost of acquisition of such computer software where such computer software is so acquired prior to

April 1, 1997 ; and

(B)

fifty per centum of the cost of acquisition of such computer software, where such

Inland Revenue (Amendment)

computer software is so acquired on or after April 1, 1997 ;

provided that no deduction under the preceeding provisions of this paragraph shall be allowed to any person in respect of any computer software if the total of the allowances granted in the preceeding years of assessment in respect of such computer software is equal to the cost of acquisition such computer software .”.