Economic Expansion Incentives (Relief from Income Tax) Act 1967 · 2020 Revised Edition · Part 4 · Development and Expansion Incentive
20. Interpretation of this Part
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In this Part, unless the context otherwise requires —“commencement day”, in relation to a qualifying activity that is approved under section 21(3) for a development and expansion company, means the date specified in the development and expansion company’s certificate under section 21(5)(b) or (7)(a) or (c) as the commencement day of that qualifying activity;“development and expansion company” means a company which has been issued with a certificate under section 21(3);“qualifying activity” means any of the following:
commencement day
“commencement day”, in relation to a qualifying activity that is approved under section 17(3) for a pioneer service company, means the date specified in the pioneer service company’s certificate under section 17(5)(b) or (7)(a) or (c) as the commencement day of that qualifying activity;
the manufacturing or increased manufacturing of any product from any industry that would be of economic benefit to Singapore;
any qualifying activity as defined in section 16;
qualifying activity
“qualifying activity” means any of the following:(a)any engineering or technical services including laboratory, consultancy and research and development activities;(b)computer-based information and other computer related services;(c)the development or production of any industrial design; and(d)such other services or activities as may be prescribed.
such other services or activities as may be prescribed.[19I
“commencement day”, in relation to a qualifying activity that is approved under section 21(3) for a development and expansion company, means the date specified in the development and expansion company’s certificate under section 21(5)(b) or (7)(a) or (c) as the commencement day of that qualifying activity;
company
“company” means any company incorporated or registered in accordance with the provisions of any written law relating to companies;
“development and expansion company” means a company which has been issued with a certificate under section 21(3);
certificate
“certificate” includes a letter or other document issued by the Minister to a company pursuant to an application made by the company under a provision of this Act;
“qualifying activity” means any of the following:
the manufacturing or increased manufacturing of any product from any industry that would be of economic benefit to Singapore;
any qualifying activity as defined in section 16;
such other services or activities as may be prescribed.[19I