Singapore legislation
Clause 11
of Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill
Clause 11
Amendment of section 68
Section 68(1) of the principal Act is amended by deleting paragraph (b) of the proviso and substituting the following paragraph:“(b)in the case of a project under section 67(1)(g), within such period (hereinafter referred to as the qualifying period), not exceeding 10 years, commencing from the investment day as the Minister may determine.”.