Singapore legislation
Clause 46
of Economic Expansion Incentives (Relief from Income Tax) Bill
Clause 46
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 or has failed to comply with any of the provisions of this Act, or of any rules made thereunder, or of any terms or conditions imposed on such certificate, he may, by notice in writing, require such company within thirty days from the date of service of such notice to show cause why such certificate should not be revoked; and if the Minister is satisfied that, having regard to all the circumstances of the case it is expedient to do so, he may revoke such certificate.
(2)
Where a certificate is revoked under subsection (1) of this section, the Minister shall specify the date, which may be from the date of such certificate, from which such revocation shall become operative and the provisions of this Act shall cease to have effect in relation to such certificate from such date.