Singapore legislation
Regulation 39
of Income Tax (Exemption of Foreign Income) (Consolidation) Order
Regulation 39
Amended byS 153/93 — 30.4.93
Assab Pacific 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 15th May 1991 addressed to the company.