Singapore legislation

Regulation 6

of Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (Consolidation) Notification

Regulation 6

Amended byS 318/9412.8.94

The interest payable by Osprey Tankships Pte Ltd to Gannet Carriers Ltd, Liberia and Ryoshin International (Hong Kong) Limited, Hong Kong, under the Loan Agreement dated 9th March 1994 shall be exempt from income tax from 9th March 1994 to 31st July 1996.