Singapore legislation
Clause 13
Clause 13
Amendment of section 13R
Section 13R(8) of the principal Act is amended by deleting the definition of “relevant day” and substituting the following definition:“ “relevant day” means —
(a)
the last day of the basis period of the approved company for the year of assessment referred to in subsection (3) or (5) (as the case may be); or
(b)
if within that basis period the approved company ceases to be so approved, the last day it was so approved;”.