Singapore legislation

Regulation 2

of Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 3) Notification 2003

Regulation 2

Exemption

There shall be exempt from tax the interest payable by B.S. Ocean Maritime Pte. Ltd. from 27th October 2003 to 6th October 2008 (both dates inclusive) to Orion Line Shipping S.A. under the Finance Lease Agreement dated 9th September 2003 in respect of one DWT Bulk Carrier named “Golden Island”.

Read in full context — Income Tax (Exemption of Interest and Other Payments for Economic and Technological Development Loans) (No. 3) Notification 2003 →