Clause 3
Amendment of section 10
of Income Tax (Amendment) Bill
BillNot in forceProvision 3 of 23
Clause 3
Section 10(4) of the principal Act is amended by deleting paragraph (a) and substituting the following paragraph:“(a)a Singapore ship which is owned by a shipping enterprise whose income is exempt from tax under section 13A at the time the balancing charge falls to be made in respect of the Singapore ship; or”.