Singapore legislation
Section 99
of Economic Expansion Incentives (Relief from Income Tax) Act
Section 99
Revocation of certificate
(1)
Where the Minister is satisfied that any company to which a certificate has been issued under the provisions of this Act has contravened —
any of the provisions of this Act; or
any terms or conditions imposed on the certificate,he may, by notice in writing, require the company within 30 days from the date of service of the notice to show cause why the certificateshould not be revoked.
(2)
If the Minister is satisfied that, having regard to all the circumstances of the case it is expedient to do so, he may revoke the certificate.
(3)
Where a certificateis revoked under subsection (2), the Minister shall specify the date, which may be the date of the certificate, from which its revocation shall be operative and the provisions of this Act shall cease to have effect in relation to the certificatefrom that date.