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University of Singapore Ordinance/Clause 12

Singapore legislation

Clause 12

of University of Singapore Ordinance

Clause 12

Exemption from estate duty

No estate duty shall be payable in respect of the amount of any bequest to the University and the value of the property passing on the death of a deceased shall be deemed not to include the amount of such bequest for the purpose of fixing the rate of estate duty.

Read in full context — University of Singapore Ordinance →
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