Singapore legislation
Regulation 2
of Income Tax (Deduction for Resident Individual) (Prescribed Payment) Regulations 2012
Regulation 2
Prescribed payment
Amended byS 195/2013 wef 01/11/2012
A payment made on any relevant date into a retirement account is a prescribed payment for the purposes of section 39(3)(ii) or (3A) of the Act, if it is subject to the maximum amount calculated in accordance with regulation 7(1)(a)(i) of the Central Provident Fund (Minimum Sum Topping‑Up Scheme) Regulations (Cap. 36, Rg 3) in force on that date.