Singapore legislation
Regulation 2
of Income Tax (Exemption of Foreign Income) (No. 3) Order 2000
Regulation 2
Exemption
ASSAB Pacific Pte Ltd is hereby granted exemption from tax on the foreign dividends received in Singapore by the company from approved investments in a country outside Singapore, subject to the terms and conditions specified in the letter of approval dated 13th November 2000 addressed to the company.