Singapore legislation

Regulation 6

of Income Tax (Exemption of Income of Trustee of Trust Fund Arising from Funds Managed by Fund Manager in Singapore) Regulations 2010

Regulation 6

Application

These Regulations shall not apply where the trustee of a prescribed trust fund (other than a trust fund referred to in regulation 3(2)), in its capacity as trustee of that prescribed trust fund —

(a)

has a permanent establishment in Singapore (other than due to its functions as the trustee of that prescribed trust fund, or the presence of a fund manager or any other person who acts on behalf of the trustee in carrying out its functions as the trustee of that prescribed trust fund); or

(b)

carries on any other business in Singapore,unless approval is granted by the Minister or such person as he may appoint.

Read in full context — Income Tax (Exemption of Income of Trustee of Trust Fund Arising from Funds Managed by Fund Manager in Singapore) Regulations 2010 →