Singapore legislation
Regulation 5
of Income Tax (Exemption of Income of Locally Administered Trust) Regulations 2007
Regulation 5
Keeping of records
Amended byS 929/2022 wef 06/12/2022
Every trustee company administering an eligible locally administered trust shall keep and maintain such records of the particulars of every settlor and beneficiary of the locally administered trust as may be required by the Minister or an authorised body for the purposes of these Regulations.