Singapore legislation

Regulation 3

of Income Tax (Initial Allowance in respect of Mobil Oil Singapore (Pte.) Ltd. Visbreaker Complex) Order

Regulation 3

Application of initial allowance

Subregulation 1

The initial allowance made under this Order shall apply only if —

(a)

the construction of buildings or structures and the installation of machinery or plant for the Visbreaker complex are completed; and

(b)

the capital expenditure on the provision of the items of machinery and plant specified in paragraph (2) is incurred,not later than the 30th June 1982.

Subregulation 2

The Minister may waive any of the conditions specified in sub-paragraph (1).