Clause 10

by deleting paragraph (b) of subsection (1) thereof and substituting therefor the following: —“(b)a deduction, in respect of earned income, of one thousand dollars or the amount of the earned income whichever is the lesser.”;

by deleting paragraph (d) of subsection (2) thereof and substituting therefor the following: —“(d)maintained an unmarried child —

being under the age of sixteen years at any time during the year preceding the year of assessment; or

receiving full-time instruction at any university, college, school or other educational institution; or

serving under articles or indentures with a view to qualifying in a trade or profession,there shall be allowed in respect of each such child according to his age among those eligible, a deduction in accordance with the Fifth Schedule to this Act;”;

by deleting sub-paragraph (ii) of the proviso to paragraph (e) of subsection (2) thereof and substituting therefor the following: —“(ii)no such deduction shall be allowed in excess of four thousand dollars;”; and

by deleting the full-stop appearing at the end of sub-paragraph (iv) of the proviso to paragraph (e) of subsection (2) thereof and substituting therefor a semi-colon and by inserting immediately thereafter the following sub-paragraph: —“(v)no such deduction shall be allowed unless the insurance company has an office or a branch in Singapore but this sub-paragraph shall not apply to any insurance contract entered into by an individual resident in Singapore prior to the coming into operation of this sub-paragraph.”.