Singapore legislation
Clause 4
Clause 4
Amendment of section 13
Section 13 of the principal Act is amended —
(a)
by deleting the words “31 March 2021” in subsection (1)(zj)(ii)(B) and (iii)(B) and substituting in each case the words “31 December 2026”;
(b)
by deleting the words “1 April 2021” in subsection (1)(zj)(ii)(B) and (iii)(B) and substituting in each case the words “1 January 2027”;
(c)
by deleting the words “nor a permanent establishment in Singapore” in subsection (1)(zj)(iii); and
(d)
by deleting the words “an institution approved as an approved Fund Manager under section 43A and” in the definition of “financial institution” in subsection (16).