Singapore legislation

Regulation 2

of Income Tax (Initial Allowance in Respect of Bp Singapore Pte. Ltd., Caltex Operations Ltd. and Singapore Petroleum Co. Pte. Ltd. Joint-venture Catalytic Reformer and Visbreaker Projects) Order

Regulation 2

Initial allowance

Subject to paragraph 3, the initial allowance to be made under section 19(1) of the Act in respect of BP Singapore Pte. Ltd., Caltex Operations Ltd. and Singapore Petroleum Co. Pte. Ltd. Joint-Venture Catalytic Reformer and Visbreaker Projects shall be equal to 100% of the capital expenditure incurred on the provision of machinery or plant by BP Singapore Pte. Ltd., Caltex Operations Ltd. and Singapore Petroleum Co. Pte. Ltd. solely for the catalytic reformer and visbreaker projects.

Read in full context — Income Tax (Initial Allowance in Respect of Bp Singapore Pte. Ltd., Caltex Operations Ltd. and Singapore Petroleum Co. Pte. Ltd. Joint-venture Catalytic Reformer and Visbreaker Projects) Order →