Clause 3

by deleting the words “section 75(2)” in subsection (11)(a), (b) and (c) and substituting in each case the words “section 75(1)(a)”;

by deleting the words “subsection (13)” in subsection (12)(i)(B) and (ii)(B) and substituting in each case the words “subsection (13A)”; and

by deleting subsection (13) and substituting the following subsections:“(13) Interest referred to in subsection (11A) shall accrue on the amount of duty referred to in that subsection at the rate of 6% per annum after the expiry of the period in which the duty must be paid to the Commissioner.(13A) Interest referred to in subsection (12) shall accrue on the amount of relief referred to in that subsection at the rate of 6% per annum —

in a case where duty was paid on the instrument and then refunded after a claim for relief was allowed under this section, from the date on which the refund was made; or

in any other case —

if the instrument is executed by any person in Singapore, from the date of its execution; or

if the instrument is executed outside Singapore, from the date the instrument is first received in Singapore.”.