Clause 12

by deleting paragraph (d) of subsection (3) and substituting the following paragraph:“(d)if he is resident in Singapore in any year of assessment between the years of assessment 2006 and 2020 (both years inclusive), but is not resident in Singapore for all the 3 years of assessment immediately preceding that year of assessment, for a period of 5 consecutive years commencing from that year of assessment in which he is resident in Singapore.”;

by inserting, immediately after the words “subject to” in subsection (4), the words “subsection (4A) and”; and

by inserting, immediately after subsection (4), the following subsection:“(4A) No approval under subsection (4) may be granted for any application made on or after 1 January 2025.”.