Singapore legislation

Clause 42

of Income Tax (Amendment) Bill

Clause 42

Amendment of section 37M

Section 37M of the principal Act is amended —

(a)

by inserting, immediately after the words “section 37B” in subsections (1)(ii) and (v)(B) and (2)(a), the words “(in force immediately before the date of commencement of section 37 of the Income Tax (Amendment) Act 2020)”; and

(b)

by inserting, immediately after the words “section 37B(3)” in subsection (2)(e), the words “(in force immediately before the date of commencement of section 37 of the Income Tax (Amendment) Act 2020)”.

Clause 42 — Income Tax (Amendment) Bill | laws.sg