Singapore legislation
Clause 2
of Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill
Clause 2
Amendment of section 66
Section 66 of the Economic Expansion Incentives (Relief from Income Tax) Act is amended —
(a)
by deleting “43L,” in the definition of “concessionary income” in subsection (1);
(b)
by deleting the words “or 43S” in the definition of “concessionary income” in subsection (1) and substituting the words “, 43S, 43T, 43U, 43V, 43W or 43X”;
(c)
by inserting, immediately after the words “section 67(1)(h)” in paragraph (c) of the definition of “fixed capital expenditure” in subsection (1), the words “or (i)”; and
(d)
by inserting, immediately after the words “section 67(1)(h)” in subsection (2)(c), the words “or (i)”.