Singapore legislation
Clause 3
Clause 3
Amendment of section 10
Section 10 of the principal Act is amended by inserting, immediately after subsection (4), the following subsection:“(4A) Subsection (4)(b) shall apply, with the necessary modifications, to an approved floating production storage offloading ship or an approved floating storage offloading ship the income derived from the operation of which is exempt from tax under section 13F.”.