Regulation 4

made by an approved exchange, an approved clearing house, a member of an approved exchange or a member of an approved clearing house, to a person who is not resident in Singapore;

that is not derived through any operation carried on by the person through the person’s permanent establishment in Singapore; and

that is a margin deposit interest payment required to be made —

under a specified contract that takes effect on a date that falls within the period from 19 February 2020 to 31 December 2026 (both dates inclusive); (ii)under a specified contract that is extended or renewed, where —

the extension or renewal takes effect on a date that falls within the period mentioned in sub‑paragraph (i); and

the payment is made on or after the date on which the extension or renewal takes effect; or

under a specified contract that is varied, where —

the variation takes effect on a date that falls within the period from 4 November 2022 to 31 December 2026 (both dates inclusive); and

the payment is made on or after the date on which the variation takes effect.

under a specified contract mentioned in sub‑paragraph (1)(c) that is varied with effect from a date on or after 1 January 2027; and

on or after the date on which the variation takes effect.