Singapore legislation

Regulation 2

of Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (Consolidation) Notification

Regulation 2

Amended byS 40/96

There shall be exempt from withholding tax from 1st September 1995 to 3rd October 2000 —

(a)

the interest payable by Singapore Technologies Pte Ltd under the Loan Agreement dated 1st September 1995; and

(b)

the swap payment payable by Singapore Technologies Pte Ltd to Westpac Banking Corporation, Australia under the International Swap Dealers Association, Inc. (ISDA) Master Agreement dated 1st September 1995.

Read in full context — Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (Consolidation) Notification →