Singapore legislation

Clause 14

of Variable Capital Companies (Miscellaneous Amendments) Bill

Clause 14

Amendment of section 60A

Section 60A of the Stamp Duties Act is amended by inserting, immediately after subsection (2), the following subsection:“(3) To avoid doubt —

(a)

an instrument mentioned in subsection (1) includes an instrument between sub‑funds mentioned in section 60I(1) and an instrument with a sub‑fund mentioned in section 60J(1); and

(b)

an instrument mentioned in subsection (2) includes an instrument between sub‑funds mentioned in section 60I(2) and an instrument with a sub‑fund mentioned in section 60J(2).”.

Clause 14 — Variable Capital Companies (Miscellaneous Amendments) Bill