Singapore legislation

Clause 60

of Income Tax (Amendment) Bill

Clause 60

Amendment of section 96A

Section 96A 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.”.

Clause 60 — Income Tax (Amendment) Bill | laws.sg