Singapore legislation

Regulation 2

of Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 2) Notification 2005

Regulation 2

Exemption

There shall be exempt from tax the interest payable by Ocean Chain Pte. Ltd. from 30th July 2004 to 30th July 2009 (both dates inclusive) to the Bank of Tokyo-Mitsubishi and Maple Maritime S.A., under the Loan Agreement dated 30th June 2004 in respect of the vessel “Global Challenger”.

Read in full context — Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 2) Notification 2005 →