Singapore legislation
Clause 33
Clause 33
Amendment of section 43G
Section 43G of the principal Act is amended —
by deleting paragraph (b) of subsection (1) and substituting the following paragraph:“(b)such prescribed qualifying services as may be provided by its approved Finance and Treasury Centre to —
its offices and associated companies outside Singapore; or
such of its offices and associated companies in Singapore as are approved on or after 18th February 2005,”;
by deleting the words “outside Singapore” wherever they appear in the definition of “Finance and Treasury Centre” in subsection (3);
by deleting the words “its issued capital is” in subsection (4)(a) and substituting the words “the total number of its issued shares are”;
by deleting the words “issued capital” in subsection (4)(b) and substituting the words “total number of issued shares”; and
by deleting the word “is” in subsection (4)(b) and substituting the word “are”.