Singapore legislation

Regulation 2

of Income Tax (Exemption from Section 19B(10A)) Order 2018

Regulation 2

Exemption

Subregulation 1

Keysight Technologies Singapore (Sales) Pte. Ltd. is exempt from section 19B(10A) of the Act in respect of capital expenditure incurred by it on 1 October 2018 in acquiring, for use in its trade or business, any intellectual property rights from Keysight Technologies Singapore (Holdings) Pte. Ltd.

Subregulation 2

The exemption in sub-paragraph (1) is subject to the terms and conditions specified in the letter dated 1 October 2018 addressed to Keysight Technologies Singapore (Sales) Pte. Ltd.