Singapore legislation

Clause 18

Amendment of section 15

Section 15 of the principal Act is amended —

(a)

by inserting, immediately after the words “section 14X” in subsection (2A), the words “or 14ZB”; and

(b)

by inserting immediately after subsection (2A), the following subsection:“(2B) Subsection (1)(b) and (c) does not apply to any expenditure which qualifies for deduction under section 14ZA.”.

Read in full context — Income Tax (Amendment No. 3) Bill →