Singapore legislation
Regulation 20
of Income Tax (Exemption of Foreign Income) (Consolidation) Order
Regulation 20
Amended byS 77/91 — 8.2.91
Prima Limited 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 23rd January 1991 addressed to the company.