Singapore legislation
Clause 29
of Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill
Clause 29
New section 109
The principal Act is amended by inserting, immediately after section 108, the following section:“Savings provision
109. Notwithstanding the repeal of Parts IIIA, IV, XI and XIIIA by the Economic Expansion Incentives (Relief from Income Tax) (Amendment) Act 2004, the repealed Parts IIIA, IV, XI and XIIIA shall continue to apply to and have effect on any approved company approved before and its qualifying activities conducted before the date of commencement of the Economic Expansion Incentives (Relief from Income Tax) (Amendment) Act 2004 as if that Act had not been enacted.”.