Singapore legislation

Regulation 2

of Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 3) Notification 2004

Regulation 2

Exemption

There shall be exempt from tax the rents (including advance, basic and supplemental rents) payable by Singapore Airlines Cargo Pte. Ltd. from 5th March 2004 to 5th March 2016 (both dates inclusive) to Singapore Emma Finance II S.A.S. under a Lease Agreement dated 5th March 2004 in respect of one Boeing Model 747-400F (Aircraft Manufacturer’s Serial No. 32899).