Singapore legislation

Regulation 11

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

Regulation 11

Amended byS 351/97

There shall be exempt from withholding tax the interest payable by Snow Shipping Pte Ltd to The Iyo Bank Ltd, Japan, under the Loan Agreement dated 14th March 1997, from 14th March 1997 to 14th March 2008.