Singapore legislation

Regulation 1

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

Regulation 1

Amended byS 542/95 wef 04/01/1994S 542/95 wef 29/04/1994S 542/95 wef 01/03/1995S 542/95 wef 18/05/1995S 430/9411.11.94

The interest payable by Volvo Group Treasury Asia (Pte.) Ltd. to the following companies shall be exempted from tax from 1st January 1994 to 31st December 1998: (1) Volvo Korea.(2) Volvo Finance Far East.(3) Volvo Hong Kong.(4) Volvo Bus Hong Kong Ltd. (5) AB Volvo.(6) Volvo Car Corporation.(7) Volvo Bus Corporation.(8) Volvo Truck Corporation.(9) AB Volvo Penta.(10) Volvo Flygmotor AB.(11) Volvo Group Finance Sweden AB.(12) Alfred Berg Fondkommission AB.(13) Volvo Group Finance Europe BV.(14) Volvo Cars Europe Coordination NV.(15) Volvo Truck Coordination Centre NV.(16) Volvo Cars of North America.(17) Volvo GM Heavy Truck Corporation.(18) Volvo Penta North America Incorporation.(19) Volvo Finance North America Inc.(20) Swedish Motors Assembly.(21) Federal Auto Holdings.(22) Thai Swedish Assembly.(23) Volvo Thailand.(24) Swedish Motors Corporation.(25) Volvo Truck and Bus (Thailand) Company Limited. (26) Volvo Penta Japan. (27) Volvo Car Japan.(28) Volvo Car Australia Pty. Ltd.(29) Volvo Truck Australia Pty, Ltd.(30) Swedish Match Philippines.

Subregulation 1

Volvo Korea.

Subregulation 2

Volvo Finance Far East.

Subregulation 3

Volvo Hong Kong.

Subregulation 4

Amended byS 542/95 wef 04/01/1994

Volvo Bus Hong Kong Ltd.

Subregulation 5

AB Volvo.

Subregulation 6

Volvo Car Corporation.

Subregulation 7

Volvo Bus Corporation.

Subregulation 8

Volvo Truck Corporation.

Subregulation 9

AB Volvo Penta.

Subregulation 10

Volvo Flygmotor AB.

Subregulation 11

Volvo Group Finance Sweden AB.

Subregulation 12

Alfred Berg Fondkommission AB.

Subregulation 13

Volvo Group Finance Europe BV.

Subregulation 14

Volvo Cars Europe Coordination NV.

Subregulation 15

Volvo Truck Coordination Centre NV.

Subregulation 16

Volvo Cars of North America.

Subregulation 17

Volvo GM Heavy Truck Corporation.

Subregulation 18

Volvo Penta North America Incorporation.

Subregulation 19

Volvo Finance North America Inc.

Subregulation 20

Swedish Motors Assembly.

Subregulation 21

Federal Auto Holdings.

Subregulation 22

Thai Swedish Assembly.

Subregulation 23

Volvo Thailand.

Subregulation 24

Swedish Motors Corporation.

Subregulation 25

Amended byS 542/95 wef 29/04/1994

Volvo Truck and Bus (Thailand) Company Limited.

Subregulation 26

Amended byS 542/95 wef 01/03/1995

Volvo Penta Japan.

Subregulation 27

Volvo Car Japan.

Subregulation 28

Volvo Car Australia Pty. Ltd.

Subregulation 29

Volvo Truck Australia Pty, Ltd.

Subregulation 30

Amended byS 542/95 wef 18/05/1995

Swedish Match Philippines.