Regulation
No. S 779Income Tax Act(Chapter 134)Income Tax (Singapore — Libya) (Avoidance of Double Taxation Convention) Order 2010WHEREAS it is provided by section 49 of the Income Tax Act that if the Minister by order declares that arrangements specified in the order have been made with the Government of any country outside Singapore with a view to affording relief from double taxation in relation to tax under the Act and any tax of a similar character imposed by the laws of that country, and that it is expedient that those arrangements should have effect, the arrangements shall have effect in relation to tax under the Act notwithstanding anything in any written law:AND WHEREAS by a Convention dated the 8th day of April 2009, between the Government of the Republic of Singapore and the Great Socialist People’s Libyan Arab Jamahiriya, arrangements were made for, amongst other things, the avoidance of double taxation:NOW, THEREFORE, it is hereby declared by the Minister for Finance —
that the arrangements specified in the Schedule to this Order have been made with the Great Socialist People’s Libyan Arab Jamahiriya; and
that it is expedient that those arrangements should have effect notwithstanding anything in any written law.Made this 23rd day of December 2010.PETER ONGPermanent Secretary, Ministry of Finance, Singapore.[MF(R) R32.2.2882 Vol. 2; AG/LLRD/SL/134/2005/7 Vol. 1]