Singapore legislation
Clause 56
of Economic Expansion Incentives (Relief from Income Tax) Bill
Clause 56
Repeal and transitional
(1)
The Pioneer Industries (Relief from Income Tax) Ordinance, 1959 (Ord. 1 of 1959), and the Industrial Expansion (Relief from Income Tax) Ordinance, 1959 (Ord. 2 of 1959), are hereby repealed.
(2)
Notwithstanding the repeal of the Pioneer Industries (Relief from Income Tax) Ordinance, 1959, by subsection (1) of this section —
any pioneer enterprise which has been approved under the said Ordinance shall be deemed to be a pioneer enterprise under this Act, and the provisions of this Act shall extend to such enterprise accordingly; and
any application, declaration, direction, document, consent certificate or notice prepared, made, given or issued under the said Ordinance, shall be deemed to have been prepared, made, given or issued, as the case may be, under this Act.
(3)
In any other written law and in any other document whatsoever unless the context otherwise requires any reference to the provisions of the Pioneer Industries (Relief from Income Tax) Ordinance, 1959, shall be construed as a reference to the corresponding provisions of this Act.