Singapore legislation

Clause 3

Amendment of section 4

In the principal Act, in section 4(1) —

(a)

in paragraph (a), after “provision”, insert “(whether directly or through an intermediary)”; and

(b)

after paragraph (a), insert —“(aa)the provision of grants (whether directly or through an intermediary) to any enterprise, for the purpose of —

(i)

making investments in Singapore; or

(ii)

carrying out economic activities in Singapore,in order to develop the Singapore economy or any part thereof;”.