Singapore legislation

Regulation 2

of Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development) (No. 4) Notification 2008

Regulation 2

Exemption

Subregulation 1

There shall be exempt from tax the interest payable by Oversea-Chinese Banking Corporation Limited to OCBC Capital Corporation (2008) on the subordinated intercompany note issued by Oversea-Chinese Banking Corporation Limited on 27th August 2008.

Subregulation 2

The exemption is subject to the conditions specified in the letter of approval dated 15th July 2008 addressed to Allen & Gledhill LLP.

Read in full context — Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development) (No. 4) Notification 2008 →