Singapore legislation

Regulation 3

of Income Tax (Exemption of Foreign Income) (Consolidation) (No. 2) Order

Regulation 3

Amended byS 355/98 — 26.6.98

Singapore Telecom International Pte Ltd is hereby granted exemption from tax on the income received in Singapore by the company from approved investments in countries outside Singapore, subject to the terms and conditions specified in the letter of approval dated 11th June 1998 addressed to the company.

Regulation 3 — Income Tax (Exemption of Foreign Income) (Consolidation) (No. 2) Order