Singapore legislation

Clause 32

of Income Tax (Amendment) Bill

Clause 32

Amendment of section 43J

Section 43J of the principal Act is amended by deleting subsection (2) and substituting the following subsection:“(2) In this section, “trustee company” means a company that is a licensed trustee company within the meaning of the Trust Companies Act (Cap. 336), or that is exempted under that Act from holding a trust business licence within the meaning of that Act.”.

Clause 32 — Income Tax (Amendment) Bill | laws.sg