Singapore legislation
Clause 38
Clause 38
Consequential amendments to Income Tax Act
Section 14(8) of the Income Tax Act (Cap. 134, 2014 Ed.) is amended —
by inserting, immediately after the word “MediShield” in the definitions of “co‑payment”, “deductible”, “qualifying insurance” and “rider”, the word “Life”;
by deleting the definition of “integrated medical insurance plan” and substituting the following definition:“ “integrated medical insurance plan” has the same meaning as in the regulations made under section 34(2)(j) of the MediShield Life Scheme Act 2015 or section 77(1)(k) of the Central Provident Fund Act;”; and
by deleting the definition of “MediShield Scheme” and substituting the following definition:“ “MediShield Life Scheme” means the MediShield Life Scheme referred to in section 3 of the MediShield Life Scheme Act 2015 and includes the MediShield Scheme established and maintained under section 53 of the Central Provident Fund Act as in force immediately before the date of commencement of section 37(7) of the MediShield Life Scheme Act 2015;”.