Singapore legislation
Clause 2
of Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill
Clause 2
Amendment of section 3
Section 3 of the Economic Expansion Incentives (Relief from Income Tax) Act (referred to in this Act as the principal Act) is amended by inserting, immediately after the definition of “foreign loan certificate”, the following definition:“ “manufacture”, in relation to a product, includes any process or method used in making or developing the product;”.