/akn/sg/act/sub_leg/1947/ITA-S652-2010

Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2010

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Type
Subsidiary Legislation
Status
In force
Enacted
1947
Sections
2

Quick answer

About this subsidiary legislation

Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2010 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S652-2010 1947, currently marked in force and first recorded in 1947.

Regulation 1

Citation

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This Order may be cited as the Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2010.

Regulation 2

Declaration of provisions in accounts

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It is hereby declared that, subject to the conditions specified in the letter of approval dated 5th October 2010, the provisions in the accounts of Hana Bank Singapore Branch (ACRA Registration No. T00FC5901B) which have been transferred to Hana Bank Singapore Branch (ACRA Registration No. T03FC6382K) —

(a)

shall not be deemed under section 14I(2)(b) of the Act to be a trading receipt of Hana Bank Singapore Branch (ACRA Registration No. T00FC5901B); and

(b)

shall for the purposes of section 14I of the Act be treated as having been allowed to Hana Bank Singapore Branch (ACRA Registration No. T03FC6382K) as a deduction under that section.

Common questions

What is Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2010?
Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2010 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation ITA-S652-2010 1947, currently marked in force and first recorded in 1947.
Is Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2010 still in force?
Yes — Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2010 is currently in force.
When did Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2010 take effect?
Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2010 was first recorded in 1947.
How many regulations does Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2010 have?
Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2010 contains 2 regulations.
Where can I read the official version of Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2010?
The official text of Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 2) Order 2010 is published at sso.agc.gov.sg.