Singapore legislation

Clause 16

Amendment of section 14I

Section 14I(7) of the principal Act is amended —

(a)

by deleting the word “or” at the end of paragraph (b) of the definition of “securities”; and

(b)

by deleting the full-stop at the end of paragraph (c) of the definition of “securities” and substituting a semi-colon, and by inserting immediately thereafter the following paragraphs:“(d)units in a registered business trust within the meaning of section 36B;

(e)

any right or option in respect of any unit in a registered business trust within the meaning of section 36B; or

(f)

units in a real estate investment trust within the meaning of section 43(10).”.

Read in full context — Income Tax (Amendment) Bill →