It is hereby notified for general information that, pursuant to section 12(1)(c) of the Estate Duty Act, the Minister for Finance has approved the Toyota Motor Credit Corporation US$750,000,000 6.50 per cent Notes due 2001 and US$500,000,000 6.50 per cent Notes due 2001 for exemption from estate duty.
Dated this 15th day of March 1997.
NGIAM TONG DOW
Permanent Secretary, Ministry of Finance, Singapore.