Clause 8

The principal Act is amended by inserting, immediately after section 45B, the following section:“Application of section 45 to distribution by unit trust45C. Section 45 shall apply in relation to any distribution made by a unit trust and which is deemed to be income under section 10(11) as that section applies to any interest paid by a person to another person not known to him to be resident in Singapore and, for the purpose of such application, any reference in that section to interest shall be construed as a reference to such distribution.”.