Singapore legislation

Regulation 2

of Income Tax (Steppe Capital Pte Ltd — Section 13(12) Exemption) Order 2022

Regulation 2

Definitions

In this Order —“Co-operative” means Steppe Unity Cooperatief U.A. incorporated in the Netherlands;“Holding Company” means any of the following companies incorporated in the Netherlands:

(a)

KazStroyService Infrastructure B.V.;

(b)

Venus Airport Holdings B.V.;

(c)

Aquila Properties Holdings B.V.;

(d)

Asset Estate Holdings B.V.

Definition

“Co-operative” means Steppe Unity Cooperatief U.A. incorporated in the Netherlands;

Definition

“Holding Company” means any of the following companies incorporated in the Netherlands:

(a)

KazStroyService Infrastructure B.V.;

(b)

Venus Airport Holdings B.V.;

(c)

Aquila Properties Holdings B.V.;

(d)

Asset Estate Holdings B.V.