Clause 30

by deleting the words “section 19B or 19J of the Economic Expansion Incentives (Relief from Income Tax) Act (Cap. 86)” in section 13E(12)(b) and substituting the words “section 19B of the Economic Expansion Incentives (Relief from Income Tax) Act (Cap. 86) in force immediately before the date of commencement of the Economic Expansion Incentives (Relief from Income Tax) (Amendment) Act 2004 or section 19J of the Economic Expansion Incentives (Relief from Income Tax) Act”;

by deleting the words “section 97D, 97G or 97V of the Economic Expansion Incentives (Relief from Income Tax) Act (Cap. 86)” in section 37C(15)(b) and substituting the words “section 97D or 97G of the Economic Expansion Incentives (Relief from Income Tax) Act (Cap. 86) in force immediately before the date of commencement of the Economic Expansion Incentives (Relief from Income Tax) (Amendment) Act 2004 or section 97V of the Economic Expansion Incentives (Relief from Income Tax) Act”;

by deleting the definitions of “claimant company” and “transferor company” in section 37C(19) and substituting the following definition:“ “claimant company” or “transferor company” means a Singapore company that claims or transfers, respectively, any qualifying deduction under subsection (1) but shall not include a company approved as —

a technology company under section 94(2) of the Economic Expansion Incentives (Relief from Income Tax) Act in force immediately before the date of commencement of the Economic Expansion Incentives (Relief from Income Tax) (Amendment) Act 2004;

a venture company under section 97B(2) of the Economic Expansion Incentives (Relief from Income Tax) Act in force immediately before the date of commencement of the Economic Expansion Incentives (Relief from Income Tax) (Amendment) Act 2004;

a technology investment company under section 97C(2) of the Economic Expansion Incentives (Relief from Income Tax) Act in force immediately before the date of commencement of the Economic Expansion Incentives (Relief from Income Tax) (Amendment) Act 2004;

an overseas investment company under section 97C(4) of the Economic Expansion Incentives (Relief from Income Tax) Act in force immediately before the date of commencement of the Economic Expansion Incentives (Relief from Income Tax) (Amendment) Act 2004; or (e)a technopreneur start-up company under section 97T(2) of the Economic Expansion Incentives (Relief from Income Tax) Act;”; and

by deleting the words “section 19B or 19J of the Economic Expansion Incentives (Relief from Income Tax) Act (Cap. 86)” in section 44(20)(e) and substituting the words “section 19B of the Economic Expansion Incentives (Relief from Income Tax) Act (Cap. 86) in force immediately before the date of commencement of the Economic Expansion Incentives (Relief from Income Tax) (Amendment) Act 2004 or section 19J of the Economic Expansion Incentives (Relief from Income Tax) Act”.