Clause 34
Income of Board to be exempt from income tax, etc.
of National Heritage Board Bill
BillNot in forceProvision 34 of 52
Clause 34
The Board shall be deemed to be —
(a)
an institution specified in the First Schedule to, and under section 13(1)(e) of, the Income Tax Act [Cap. 134]; and
(b)
an institution of a public character approved by the Minister for Finance for the purposes of section 37(2)(c) of the Income Tax Act.