Singapore legislation
Section 4
of Economic Expansion Incentives (Relief from Income Tax) Act
Section 4
Power and procedure for declaring an industry and a product a pioneer industry and a pioneer product
(1)
Subject to subsection (2), the Minister may, if he considers it expedient in the public interest to do so, by order declare an industry, which is not being carried on in Singapore on a scale adequate to the economic needs of Singapore and for which in his opinion there are favourable prospects for development, to be a pioneer industry and any specific product of that industry to be a pioneer product.
(2)
Before making any order under subsection (1), the Minister shall —
cause a notice to be published in the Gazette setting out the order which it is proposed to make and inviting any person who may object to the making of the order to give notice in writing of his objection and the grounds thereof to the Minister on or before such date (not being a date less than 30 days from the date of publication of the notice) as may be specified in the notice; and
consider any objection which has been received pursuant to the notice.
(3)
The Minister may, if he considers it necessary, call for further particulars of the grounds of any such objection from any person who has given due notice of the objection.
(4)
The Minister may revoke any order made under this section but any such revocation shall not affect the operation of any pioneer certificate issued to any pioneer enterprise before the revocation.