Singapore legislation

Clause 12

Amendment of section 37

Section 37 of the principal Act is amended —

(a)

by deleting the word “or” at the end of sub-paragraph (vi) of paragraph (c) of subsection (2); and

(b)

by deleting the full-stop at the end of sub-paragraph (vii) of paragraph (c) of subsection (2) and substituting a semi-colon, and by inserting immediately thereafter the following sub-paragraphs: —“(viii)a charitable institution or a body of persons or a trust established for charitable purposes only; or

(ix)

an organisation not operated or conducted primarily for profit which is engaged in or connected with the promotion of culture or the arts or with the promotion of sports.”.

Read in full context — Income Tax (Amendment No. 2) Bill →