Singapore legislation

Clause 5

of Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill

Clause 5

Repeal and re-enactment of section 6

Section 6 of the principal Act is hereby repealed and the following substituted therefor: —“Tax relief period of pioneer enterprise

6. The tax relief period of a pioneer enterprise shall commence on its production day and shall continue for a period of five years.”.

Clause 5 — Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill