Singapore legislation

Clause 19

of Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill

Clause 19

Consequential amendments to Income Tax Act 1947

In the Income Tax Act 1947 —

(a)

in section 19A, delete subsection (2IA);

(b)

in section 19A(16B), delete “, (2IA)”;

(c)

in section 37B(19), in the definition of “assessable income”, replace “, investment allowance under Part 8 of the Economic Expansion Incentives (Relief from Income Tax) Act 1967 and integrated investment allowance under Part 9 of that Act” with “and investment allowance under Part 8 of the Economic Expansion Incentives (Relief from Income Tax) Act 1967”;

(d)

in section 37D(17), in the definition of “assessable income”, in paragraph (a), delete “, integrated investment allowance under Part 9 of that Act”;

(e)

in section 37Q(1), delete “or 9”; and

(f)

in the Third Schedule, in Part 2, in section 34G(15)(d), delete “, (2IA)”.

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