Singapore legislation

Clause 42

of Income Tax (Amendment) Bill

Clause 42

Amendment of section 45A

Section 45A of the principal Act is amended by inserting, immediately after subsection (2C), the following subsection:“(2D) Subsection (1) shall not apply to any payment liable to be made on or after 17th February 2012 under any agreement or arrangement for the charter of any ship.”.