Singapore legislation
Regulation 3
of Income Tax (Exemption of Foreign Income) (Consolidation) Order
Regulation 3
Amended byS 329/88 — 28.10.88
Subject to the terms and conditions specified in the letter of approval dated 1st October 1988 issued to Mainland Investors (Singapore) Pte. Ltd., there shall be exempt from tax income received in Singapore by the company out of profits derived from its contract dated 17th July 1987 for the construction project in the People’s Republic of China.