Singapore legislation

Clause 2

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

Clause 2

Amendment of section 46A

Subsection (1) of section 46A of the Economic Expansion Incentives (Relief from Income Tax) Act (referred to in this Act as the principal Act) is amended —

(a)

by inserting, immediately after the definition of “approved project”, the following definition: —“ “construction operations” means —

(a)

construction, alteration, repair, extension or demolition of buildings and structures;

(b)

construction, alteration, repair, extension or demolition of any works forming, or to form, part of any land; or

(c)

any operations which form an integral part of, or are preparatory to, or are for rendering complete the operations described in paragraph (a) or (b) including site clearance, earthmoving, excavation, laying of foundations, site restoration, landscaping and the provision of drains and of roadways and other access works;”; and

(b)

by deleting the words “or (c)” in the definition of “fixed capital expenditure” and substituting the words “, (c) or (d)”.

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