Singapore legislation

Regulation 10

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

Regulation 10

Amended byS 550/9515.12.95

The interest payable by Masterbulk Private Limited to Westfal-Larsen & Co. A/S, Norway on the loan of US$96,630,099 under the Loan Agreement dated 23rd June 1995 as amended by the Agreement dated 26th October 1995 shall be exempt from income tax from 23rd June 1995 to 1st July 2010.

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