Singapore legislation

Regulation 21

of Income Tax (Exemption of Foreign Income) (Consolidation) Order

Regulation 21

Amended byS 114/91 — 15.3.91

Neste Singapore Holdings Pte. Ltd. is hereby granted exemption from tax on the dividends received in Singapore by the company from approved investments in countries outside Singapore, subject to the terms and conditions specified in the letter of approval dated 3rd January 1991 addressed to the company.