Clause 10

by deleting the word “or” at the end of subsection (1)(a);

by deleting the comma at the end of subsection (1)(b) and substituting the word “; or”, and by inserting immediately thereafter the following paragraph:“(c)a person carrying on a trade or business for the provision of any specified services has incurred expenditure on or after 1st April 1988, in undertaking directly by himself, or in paying a research and development organisation to undertake on his behalf, an approved research and development project in Singapore which is related to that trade or business,”; and

by deleting subsection (4) and substituting the following subsection:“(4) For the purposes of this section —“approved” means approved by the Minister or such other person as he may appoint;“specified services” has the same meaning as in section 14D.”.