Singapore legislation
Clause 12
Clause 12
Amendment of section 43
Section 43 of the principal Act is amended —
(a)
by deleting “26%” wherever it appears in subsection (1) and substituting in each case “25.5%”; and
(b)
by deleting subsection (3) and substituting the following subsection:“(3) The reference to 25.5% in subsection (1) shall, for the years of assessment 1997, 1998, 1999 and 2000, be read as a reference to 26%.”.