Regulation 1
Citation and commencement
This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 5) Notification 2004.
/akn/sg/act/sub_leg/1947/ITA-S475-2004
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Quick answer
Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 5) Notification 2004 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S475-2004 1947, currently marked in force and first recorded in 1947.
Citation and commencement
This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 5) Notification 2004.
Exemption
There shall be exempt from tax the swap payments made by Shell Tankers (Singapore) Pte Ltd to National Australia Bank Limited —
between 27th January 2004 and 14th January 2036 (both dates inclusive); and
between 11th December 2003 and 14th January 2036 (both dates inclusive),under 2 Swap Master Agreements dated 8th December 2003 in respect of the bareboat charters of the vessels “Gemmata” and “Granatina”, respectively.