Clause 33
Amendment of section 43N
of Income Tax (Amendment) Bill
BillNot in forceProvision 33 of 48
Clause 33
Section 43N(4) of the principal Act is amended by deleting the definition of “primary dealer” and substituting the following definition:“ “primary dealer” means any financial institution appointed by the Monetary Authority of Singapore as a primary dealer under section 29A of the Government Securities Act (Cap. 121A);”.