Singapore legislation
Regulation 2
of Income Tax (Exemption of Foreign Income) (No. 2) Order 2001
Regulation 2
Exemption
Onyx Asia Holdings Pte Ltd is hereby granted exemption from tax on the foreign dividends it receives in Singapore from approved investments in a country outside Singapore, subject to the terms and conditions specified in the letter of approval dated 2nd August 2001 addressed to the company.