Singapore legislation
Regulation 2
of Income Tax (Exemption of Foreign Income) (No. 8) Order 2005
Regulation 2
Exemption
Singapore Power International Pte Ltd and all investors (including corporate investors and individuals investing through partnerships) are hereby granted exemption from tax on their Australian dividends received in Singapore from SP Australia Networks (Distribution) Ltd and SP Australia Networks (Transmission) Ltd from 12th October 2005 to 11th October 2010 (both dates inclusive), subject to the conditions specified in the letter of approval dated 12th October 2005 addressed to the tax adviser of Singapore Power International P te Ltd, Ernst & Young.