Singapore legislation

Clause 3

of Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill

Clause 3

Amendment of section 67

Section 67 of the Economic Expansion Incentives (Relief from Income Tax) Act is amended —

(a)

by deleting the comma at the end of paragraph (h) of subsection (1) and substituting the word “; or”, and by inserting immediately thereafter the following paragraph:“(i)for the provision of maintenance, repair and overhaul services to any aircraft,”;

(b)

by inserting, immediately after the words “subsection (1)(h)” in subsection (3), the words “or (i)”; and

(c)

by inserting, immediately after subsection (5), the following subsection:“(6) No approval under this section shall be granted to any company in respect of any project under subsection (1)(i) on or after 9th September 2009.”.