Regulation
No. S 493Income Tax Act(Chapter 134)Income Tax (Singapore –– New Zealand) (Avoidance of Double Taxation Agreement) Order 2006WHEREAS it is provided by section 49 of the Income Tax Act that if the Minister by order declares that arrangements specified in the order have been made with the Government of any country outside Singapore with a view to affording relief from double taxation in relation to tax under the Act and any tax of a similar character imposed by the laws of that country, and that it is expedient that those arrangements should have effect, the arrangements shall have effect in relation to tax under the Act notwithstanding anything in any written law:AND WHEREAS by an Agreement dated the 21st day of August 1973, between the Government of the Republic of Singapore and the Government of New Zealand, arrangements were made, amongst other things, for the avoidance of double taxation:AND WHEREAS by a Third Protocol dated the 5th day of September 2005, between the Government of the Republic of Singapore and the Government of New Zealand, the arrangements set out in the said Agreement were modified as prescribed in the said Protocol:NOW, THEREFORE, it is hereby declared by the Minister for Finance —
that the arrangements as modified by the said Protocol specified in the Schedule to this Order have been made with the Government of New Zealand; and
that it is expedient that those arrangements should have effect notwithstanding anything in any written law.Made this 17th day of August 2006.LIM SIONG GUANPermanent Secretary,Ministry of Finance, Singapore.[MF(R) R32.2.08 Vol. 3; AG/LEG/SL/134/2005/7 Vol. 1]