Singapore legislation

Clause 2

Amendment of section 10

Section 10 of the Income Tax Act (referred to in this Act as the principal Act) is amended —

(a)

by inserting, immediately after the words “and (b)” in sub-paragraph (ii) of subsection (2)(c), the words “and any gains or profits under subsection (5)”; and

(b)

by deleting subsection (8) and substituting the following subsection:“(8) Any maintenance payment received by —

(a)

a child under a maintenance order or a deed of separation; or

(b)

a parent under a maintenance order made under the Maintenance of Parents Act [Cap. 167B],shall not be deemed to be income for the purposes of subsection (1).”.

Read in full context — Income Tax (Amendment No. 2) Bill →