Singapore legislation

Regulation 2

of Income Tax (Exemption of Foreign Income) Order 2002

Regulation 2

Exemption

NatSteel Equity V Pte Ltd is hereby granted exemption from tax on the income received in Singapore from a country outside Singapore, subject to the terms and conditions specified in the letter of approval dated 7th September 2002 addressed to the company.

Read in full context — Income Tax (Exemption of Foreign Income) Order 2002 →