Singapore legislation

Regulation 2

of Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development) (No. 3) Notification 2003

Regulation 2

Definitions

Amended byS 333/2024 wef 31/12/2021

In this Notification —“compensatory payment” and “securities lending or repurchase arrangement” have the same meanings as in section 10H(12) of the Act;“specified payments” means any of the following: (a)borrowing fees;

(b)

loan rebate fees;

(c)

price differentials;

(d)

interest payments; and

(e)

compensatory payments.

Definition

“compensatory payment” and “securities lending or repurchase arrangement” have the same meanings as in section 10H(12) of the Act;