Singapore legislation
Regulation 2
of Income Tax (Exemption of Foreign Income) (No. 10) Order 2005
Regulation 2
Exemption
China Petrotech Holdings Limited is hereby granted exemption from tax on the foreign dividends received in Singapore from the BVI-incorporated company, subject to the conditions specified in the letter of approval dated 31st October 2005 addressed to the tax agent of China Petrotech Holdings Limited.