42. Rates of tax upon individuals

Terms defined in s 2

• body of persons

  body of persons

  Defined · s 2

  “body of persons” means any body politic, corporate or collegiate, any corporation sole and any fraternity, fellowship or society of persons whether corporate or unincorporate but does not include a company or a partnership;

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• company

  company

  Defined · s 2

  “company” means any company incorporated or registered under any law in force in Singapore or elsewhere;

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• executor

  executor

  Defined · s 2

  “executor” means any executor, administrator or other person administering the estate of a deceased person;

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• incapacitated person

  incapacitated person

  Defined · s 2

  “incapacitated person” means an individual —(a)who is below 21 years of age; or(b)who lacks capacity to make a decision for himself or herself in relation to any matter at the material time because of an impairment of, or a disturbance in the functioning of, the mind or brain, whether such impairment or disturbance is permanent or temporary;

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• person

  person

  Defined · s 2

  “person” includes a company, body of persons and a Hindu joint family;

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• tax

  tax

  Defined · s 2

  “tax” means the income tax imposed by this Act;

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• year of assessment

  year of assessment

  Defined · s 2

  “year of assessment” means the period of 12 months commencing on 1 January 1948, and each subsequent period of 12 months.

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