Singapore legislation

Clause 41

of Income Tax (Amendment) Bill

Clause 41

Amendment of section 43N

Section 43N(4) of the principal Act is amended by inserting, immediately after the words “any other written law” in the definition of “Singapore Government securities”, the words “, and shall be deemed to include any issue of bills and notes by the Monetary Authority of Singapore that are approved by the Minister for the purposes of this Act”.

Clause 41 — Income Tax (Amendment) Bill | laws.sg