Singapore legislation

Clause 4

Amendment of section 10C

Section 10C of the principal Act is amended —

(a)

by deleting “$27,500” in subsection (1)(b) and substituting “$25,000”;

(b)

by deleting “$66,000” in subsection (7) and substituting “$60,000”;

(c)

by deleting “$93,500” wherever it appears in subsection (7)(a) and (b) and substituting in each case “$85,000”;

(d)

by deleting “$5,500” in paragraph (a) of the definition of “relevant amount” in subsection (12) and substituting “$5,000”; and

(e)

by deleting “$93,500” in paragraph (b) of the definition of “relevant amount” in subsection (12) and substituting “$85,000”.