Singapore legislation

Regulation 2

of Income Tax (Initial Allowance in respect of Shell Eastern Petroleum (Pte.) Ltd. Hydrocracker Project) 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 Shell Eastern Petroleum (Pte.) Ltd.'s hydrocracker project shall be equal to 100% of the capital expenditure incurred on the provision of machinery or plant by Shell Eastern Petroleum (Pte.) Ltd. solely for the hydrocracker project.

Read in full context — Income Tax (Initial Allowance in respect of Shell Eastern Petroleum (Pte.) Ltd. Hydrocracker Project) Order →