Singapore legislation
Clause 4
Clause 4
Amendment of section 10A
Section 10A(1) of the principal Act is amended by deleting paragraph (h) and substituting the following paragraph:“(h)deposits and balances with members of the Singapore International Monetary Exchange where such deposits and balances are in respect of transactions which qualify for the concessionary rate of tax under section 43D of the Income Tax Act (Cap. 141).”.