Clause 11

Section 68 of the Ordinance is hereby amended by inserting immediately after subsection (7) thereof the following new subsections: —“(8) Where any person ceases or is about to cease being a partner, and such person is likely to be chargeable to tax in Singapore, the partners present in Singapore shall, unless it is impracticable to do so, give one month’s notice in writing to the Comptroller before such person ceases to be a partner, stating the name and address of such person and the expected date of such person ceasing to be a partner:Provided that the Comptroller may accept such shorter notice as he may deem reasonable.(9) Where any partner is leaving or intending to leave Singapore for any period exceeding three months and is likely to be chargeable to tax in Singapore, the partners present in Singapore shall, unless it is impracticable to do so, give one month’s notice in writing to the Comptroller of the expected date of departure of such partner:Provided that the Comptroller may accept such shorter notice as he may deem reasonable:And provided further that this subsection shall not apply in the case of a partner who is required in the course of his business to leave Singapore at frequent intervals.(10) Where any person who has ceased or is about to cease being a partner in Singapore has monies due or payable to him from the partnership, the partners present in Singapore shall not, without the written permission of the Comptroller, pay such monies or any part thereof to such person.”.