Singapore legislation

Clause 18

of Retirement Age (Amendment) Bill

Clause 18

Consequential amendments to Income Tax Act

The Income Tax Act (Cap. 134) is amended —

(a)

by deleting the definition of “prescribed retirement age” in section 2(1) and substituting the following definition:“ “prescribed minimum retirement age” has the same meaning as in the Retirement and Re-employment Act (Cap. 274A);”; and

(b)

by deleting the words “prescribed retirement age” in section 10L(3)(b) and (8)(c) and substituting in each case the words “prescribed minimum retirement age”.