Singapore legislation

Clause 5

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

Clause 5

Amendment of section 19K

Section 19K of the principal Act is amended by inserting, immediately after subsection (5), the following subsection:“(6) The Minister shall, in extending the tax relief period of a company to which section 19KA applies, take into account its tax relief period referred to in that section.”.