Clause 4

Section 10C of the principal Act is amended by deleting subsections (6) and (7) and substituting the following subsection:“(6) Where in any year from 1st January 1993 contributions have been made by an employer in respect of an employee to any pension or provident fund constituted outside Singapore, the whole of the contributions made to that pension or provident fund shall be deemed to be income accruing to the employee for the year in which the contributions are paid.”.