2018 Nu. I (b) by the insertion of the follmving paragraph after paragraph 19-"20. 16 The receipt and accruals of a power generation project as deli ned in section I-+( l) of the Finance Act IClwptPr 23:041 to the c\tent that they accmc directly from the operations oft he power generation prl~ject in any of the fi\'e years of assessment referred to in section I-J.(2)(e I) of the Finance A1..·t [ChapTer 23:04) .... Amendment of Twenty-Second Schedule to Cap. 23:06 The Twenty-Second Schedule ("Determination of Gross Income and Tax.ahlc Income or Assessed l . oss from Special \fining I .case Operations") to the Income Tax. ,\ct IChapter 23 :06) is amended in paragraph 6 cr jrnitations on allowable deductions") (2)- (a) in paragraph (t) hy the insertion subparagraph (i\)"(\') (b) following subparagraph after t\\enty-fiYe thousand l 'nited States dollars.\\ here the residt'ntml unit was erected on or after the lst January. 2018:": in paragraph (h)(ii)B by the insertion of the following sub-subparagraph after sub-subparagraph IV"V. 17 or the one hundn~d and fifty thousand l 'nited States dollars, where the expenditure was innmed on or after the I st January, 20 I 8;". Amendment of Twenty-Eighth Schedule to Cap. 23:06 The Twenty-Eighth Schedule ("Carbon Tax") to the lncornt' Tax. Act (Chapter 23:0{)) is amended in paragraph 2 by the insNtion of the following proviso tlwreto--"Provided that the ~v1inister may, by notice in the Ga-::eue, exempt any pm,er generation project (as defined in section 1-+( l) of the Finance Act) from liahilit) for carbon tax under this paragraph for a temporary or indefinite period, and may hac kdate such exemption.". 18 Amendment of Thirty-First Schedule to Cap. 23:06 The Thirty-First Schedule ("Liability for NCX:ZIM debt redemption Levy and Strategic Reserve Levy") to the Income Tax Act [Chaprer 23:06] is amended in paragraph 2( 1)(a) by the insertion of the following proviso thereto"Pr<wided that the ~ Iinister may, by notice in the Ga::.eue, exempt any power generation project (as de tined in section 1-+( 1) of the Finance Act) from liability for NOCZI!\1 debt redemption levy and strategic rcserYe le,·y for a temJXlrary or indefinite period, and may backdate such exemption.". 19 New Schedule inserted in Cap. 23:06 With etlect from the year of assessment beginning on the I st January, 2018, the Income Tax. Act [Chaprer 23:0{)1 is amended by the insertion after the Thirty-Fifth Schedule of the following Schedule"THIRTY-SIXTH SCHEDl 'LE (Section 36L) BooK.\IAKERs TAx lnterpreration l. (1) In this Schedule"bookmaker" means a person licensed or required to be licensed as such in terms of the Betting and Totalizator Control Act fChaprer ]():021: