| Estate Duty (Abolition) Bill |
Bill No. 12/2008
| Read the first time on 21st July 2008. |
| An Act to amend the Estate Duty Act (Chapter 96 of the 2005 Revised Edition) to provide for the abolition of estate duty. |
| Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows: |
| Short title and commencement |
| 1. This Act may be cited as the Estate Duty (Abolition) Act 2008 and shall be deemed to have come into operation on 15th February 2008. |
| New section 2A |
2. The Estate Duty Act (referred to in this Act as the principal Act) is amended by inserting, immediately after section 2, the following section:
|
| Amendment of section 5 |
| 3. Section 5 of the principal Act is amended by inserting, immediately after the words “28th February 1996” in paragraph (e), the words “and before 15th February 2008”. |
| Amendment of Fifth Schedule |
| 4. The Fifth Schedule to the principal Act is amended by inserting, immediately after the words “28TH FEBRUARY 1996” in the Schedule heading, the words “AND BEFORE 15TH FEBRUARY 2008”. |