(1) Upon receipt of an application, supporting information and any further information under sections 35 and 36, the Minister shall submit the application to Cabinet for its decision.
(2) Where Cabinet approves an application under this section, the decision of Cabinet shall specify —
(a) the tax reliefs and exemptions granted as specified under Schedule 3;
(b) the commencement and termination dates for the tax reliefs and exemptions granted;
(c) any other conditions as it considers necessary.
(3) The Minister shall inform the applicant in writing of the decision of Cabinet and the decision takes effect as of the date of the Minister's letter.
(4) The Minister may, by Order published in the Gazette, amend Schedules 2 and 3.