6. Amendment of section 11 of the principal enactment

Section 11 of the principal enactment is hereby amended by the addition immediately after subsection (3)

of that section, of the following new subsection: -

“(4) For the purpose of this section, cost of funds of the financial institution incurred on the loans provided for new businesses commenced on or after

April 1, 2021 by any individual after successful completion of vocational education from any

Vocational Education Institution which is standardized under Technical and Vocational Education and

Training concept (TVET concept) and regulated by the Tertiary and Vocational Education Commission, shall be deemed to be incurred in the production of income of such financial institution.”.