Regulation 1
Citation
This Order may be cited as the Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2001.
/akn/sg/act/sub_leg/1947/ITA-S125-2001
Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2001
The full official text, structured for quick navigation. Copy any provision or jump straight to a section.
- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 1947
- Sections
- 2
Quick answer
About this subsidiary legislation
Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2001 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S125-2001 1947, currently marked in force and first recorded in 1947.
Regulation 2
Declaration of provisions in accounts
It is hereby declared that under section 14I(3) of the Act, the provisions in the accounts of DBS Finance Limited which have been transferred to Development Bank of Singapore Limited —
(a)
shall not be deemed under section 14I(2)(b) of the Act to be a trading receipt of DBS Finance Limited; and
(b)
shall for the purposes of section 14I of the Act be treated as having been allowed to Development Bank of Singapore Limited as a deduction under that section,subject to the conditions specified in the letter of approval dated 24th November 2000.
Common questions
- What is Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2001?
- Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2001 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S125-2001 1947, currently marked in force and first recorded in 1947.
- Is Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2001 still in force?
- Yes — Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2001 is currently in force.
- When did Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2001 take effect?
- Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2001 was first recorded in 1947.
- How many regulations does Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2001 have?
- Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2001 contains 2 regulations.
- Where can I read the official version of Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2001?
- The official text of Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2001 is published at sso.agc.gov.sg.