Singapore legislation

Clause 59

of Income Tax (Amendment) Bill

Clause 59

Amendment of section 96

Section 96 of the principal Act is amended by inserting, immediately after subsection (4), the following subsection:“(4A) In this section, a reference to the amount of PIC bonus that has been obtained by a person as a result of an offence, or that would have been so obtained if the offence had not been detected, excludes an amount of PIC bonus that the person is entitled to.”.