Clause 8
Amendment of section 19
of Income Tax (Amendment) Bill
BillNot in forceProvision 8 of 12
Clause 8
Section 19 of the principal Act is amended —
(a)
by deleting the full-stop at the end of subsection (2A) and substituting a colon, and by inserting immediately thereafter the following proviso: —“Provided that in respect of a motor car acquired on or after the 1st day of April 1979, the reference to “fifteen thousand dollars” in this subsection shall, wherever it occurs, be read as a reference to “twenty-five thousand dollars”.”; and
(b)
by inserting, immediately after the word “thereunder” at the end of subsection (2D), the words “except where the motor car is registered outside Singapore and used exclusively outside Singapore”.