Singapore legislation

Regulation 4

of Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (Consolidation) Notification

Regulation 4

Amended byS 54/98

There shall be exempt from withholding tax the interest payable by St. Johns Shipping Pte Ltd to The Nippon Credit Bank, Ltd. Japan, under the Loan Agreement dated 21st October 1996, from 31st January 1997 to 31st August 2001.