Clause 9

by deleting the word “and” at the end of subsection (1)(p); (b)by deleting the full‑stop at the end of paragraph (q) of subsection (1) and substituting a semi‑colon, and by inserting immediately thereafter the following paragraphs:“(r)on or after 12 December 2018 from —

the finance leasing of any foreign ship to any person where the ship is used by the person for the carriage of passengers, mail, livestock or goods outside the limits of the port of Singapore;

the finance leasing of any foreign dredger, foreign seismic ship, or any foreign ship used for offshore oil or gas activity to any person where the dredger, seismic ship or ship is used by the person for the person’s operation outside the limits of the port of Singapore;

the finance leasing of any foreign ship to any person where the ship is used by the person for towage and salvage operations carried out outside the limits of the port of Singapore; and

the finance leasing of any foreign ship for offshore renewable energy activity or offshore mineral activity to any person, where the ship is used by the person for the person’s operation outside the limits of the port of Singapore; and

on or after 12 December 2018 from foreign exchange and risk management activities which are carried out in connection with and incidental to an activity mentioned in paragraph (r).”; and

by deleting the words “(n) to (q)” in subsection (4) and substituting the words “(n) to (s)”.