Singapore legislation
Regulation 12
of Income Tax (Exemption of Foreign Income) (Consolidation) Order
Regulation 12
Amended byS 417/89 — 20.10.89
Singatronics Asset Holdings Pte. Ltd. is hereby granted exemption from tax on the dividends received in Singapore by the company from its investment in a country outside Singapore, subject to the terms and conditions specified in the letter of approval dated 26th September 1989 addressed to the company.