Singapore legislation

Regulation 6

of Income Tax (Exemption of Interest on Economic and Technological Development Loans) (Consolidation) Notification

Regulation 6

Amended byS 248/9318.6.93

The interest payable by Sony International (Singapore) Ltd to Meritorious Pty Limited (Australia) under the AUD80,000,000 Term Loan Facility and the swap payments made by Sony International (Singapore) Ltd to Citibank Limited (Australia) under the Interest Rate and Currency Exchange Agreement, both dated 4th June 1992, shall be exempt from income tax from 30th June 1992 to 30th June 1997.