Regulation 1
Citation
This Order is the Income Tax (Lendlease Global Commercial REIT — Section 13(12) Exemption) Order 2022.
/akn/sg/act/sub_leg/1947/ITA-S491-2022
Income Tax (Lendlease Global Commercial REIT — Section 13(12) Exemption) Order 2022
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 1947
- Sections
- 2
Quick answer
About this subsidiary legislation
Income Tax (Lendlease Global Commercial REIT — Section 13(12) Exemption) Order 2022 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S491-2022 1947, currently marked in force and first recorded in 1947.
Regulation 2
Exemption
Subregulation 1
The dividend income described in sub‑paragraph (2) that is received in Singapore by RBC Investor Services Trust Singapore Limited (a company incorporated in Singapore) in its capacity as the trustee of Lendlease Global Commercial REIT from Lendlease Asian Retail Investment Fund 3 Limited (an entity incorporated in Bermuda) on or after 2 December 2021, is exempt from tax.
Subregulation 2
Sub‑paragraph (1) applies to dividends that are paid out of —
(a)
any rental income and other property-related income received by the specified companies for the specified property; or
(b)
any interest income derived from any bank deposit made up of any rental income and other property‑related income received for the specified property.
Subregulation 3
The exemption in sub‑paragraph (1) is subject to the conditions specified in the letter of approval dated 2 December 2021 addressed to EY Corporate Advisors Pte. Ltd.
Subregulation 4
In this paragraph —
Definition
“specified companies” means —
(a)
Lendlease Commercial Investments Pte. Ltd. (a company incorporated in Singapore); and
(b)
Lendlease Retail Investments 3 Pte. Ltd. (a company incorporated in Singapore);
Definition
“specified property” means the property that is known as Jem and is located at 50 and 52 Jurong Gateway Road, Singapore.
Common questions
- What is Income Tax (Lendlease Global Commercial REIT — Section 13(12) Exemption) Order 2022?
- Income Tax (Lendlease Global Commercial REIT — Section 13(12) Exemption) Order 2022 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S491-2022 1947, currently marked in force and first recorded in 1947.
- Is Income Tax (Lendlease Global Commercial REIT — Section 13(12) Exemption) Order 2022 still in force?
- Yes — Income Tax (Lendlease Global Commercial REIT — Section 13(12) Exemption) Order 2022 is currently in force.
- When did Income Tax (Lendlease Global Commercial REIT — Section 13(12) Exemption) Order 2022 take effect?
- Income Tax (Lendlease Global Commercial REIT — Section 13(12) Exemption) Order 2022 was first recorded in 1947.
- How many regulations does Income Tax (Lendlease Global Commercial REIT — Section 13(12) Exemption) Order 2022 have?
- Income Tax (Lendlease Global Commercial REIT — Section 13(12) Exemption) Order 2022 contains 2 regulations.
- Where can I read the official version of Income Tax (Lendlease Global Commercial REIT — Section 13(12) Exemption) Order 2022?
- The official text of Income Tax (Lendlease Global Commercial REIT — Section 13(12) Exemption) Order 2022 is published at sso.agc.gov.sg.