Clause 3

by deleting the full-stop at the end of paragraph (w) of subsection (1) and substituting a semicolon, and by inserting immediately thereafter the following paragraph: —“(x)the income derived by a person resident in Singapore from any pension granted under any written law relating to pensions in Singapore or under such other pensions scheme as may be approved by the Minister by notification in the Gazette.”;

by inserting, immediately after the word “tax” in the first line of subsection (7), the words “wholly or in part”; and

by deleting subsection (8) and substituting the following: —“(8) Any order made under subsection (7) of this section may be either general or specific and may prescribe the conditions subject to which the income will be exempt from tax but such conditions need not be included in the order for the purpose of publication in the Gazette.”.