Singapore legislation

Clause 48

Amendment of section 105K

In the ITA, in section 105K(1) —

(a)

after paragraph (ab), insert —“(ac)a CARF agreement between —

(i)

the Government and —

(A)

the government of another country; or

(B)

the governments of 2 or more countries; or

(ii)

the Minister or the Minister’s authorised representative and —

(A)

the authority of another country that exercises a power or carries out a duty corresponding to a power or duty of the Minister or representative; or

(B)

the authorities of 2 or more countries that exercise powers or carry out duties corresponding to a power or duty of the Minister or representative;”;

(b)

in paragraph (b), replace “or (ab)” with “, (ab) or (ac)”; and

(c)

in paragraph (c), after “(ab)”, insert “, (ac)”.