Singapore legislation

Clause 3

of Income Tax (Amendment) Bill

Clause 3

Amendment of section 19

Section 19 of the principal Act is amended by deleting the proviso to subsection (2A) and substituting the following proviso:“Provided that in respect of a motor car acquired —

(i)

on or after 1st April, 1979, and before 1st April, 1982, the reference to “fifteen thousand dollars” in this subsection shall, wherever it occurs, be read as a reference to “twenty-five thousand dollars”; and

(ii)

on or after 1st April, 1982, the reference to “fifteen thousand dollars” in this subsection shall, wherever it occurs, be read as a reference to “thirty-five thousand dollars”.”.