Singapore legislation

Clause 27

of Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill

Clause 27

Amendment of section 67

Section 67 of the principal Act is amended —

(a)

by deleting “2015” in subsection (7) and substituting “2021”; and

(b)

by inserting, immediately after subsection (7), the following subsection:“(8) Approval under this section may not be granted to any company in respect of any project under subsection (1)(a) to (h) on or after 1 January 2024.”.