Which include Renewable Energy, Clean Water and Green Projects as defined in Section 5 of this Code.
Provided that additional years of exemption shall be granted also to expanding registered enterprises when by reason of such additional investments the registered enterprise falls under a higher bracket in which case it shall enjoy the exemption for that bracket, which period shall include the period of exemption granted prior to the expansion and provided further, that additional years of exemption may be granted only upon application with and approval of the Board.
Registered enterprises shall also be granted exemption from the payment of Transfer Tax on acquired properties to be directly utilized in the business upon application for transfer.
The grant of incentives shall be governed by the following general policies:
The Board, through the SCEIPC ,shall provide the following non-fiscal incentives to Registered Enterprises:
Assistance in site selection and negotiation for right of way;