Income Tax (Further Deduction for Expenses Incurred in Relocation or Recruitment of Overseas Talent) (Amendment) Regulations 2002

Status:

Published in Subsidiary Legislation Supplement
on 12 Mar 2002

No. S 120

Income Tax Act

(Chapter 134)

Income Tax (Further Deduction for Expenses Incurred in Relocation or Recruitment of Overseas Talent) (Amendment) Regulations 2002

In exercise of the powers conferred by section 14L of the Income Tax Act, the Minister for Finance hereby makes the following Regulations:

Citation

1. These Regulations may be cited as the Income Tax (Further Deduction for Expenses Incurred in Relocation or Recruitment of Overseas Talent) (Amendment) Regulations 2002.

Amendment of regulation 3

2. Regulation 3 of the Income Tax (Further Deduction for Expenses Incurred in Relocation or Recruitment of Overseas Talent) Regulations (Rg 3) is amended by inserting, immediately after paragraph (3), the following paragraph:

“(4) The Minister, or such person as he may appoint, may in any particular case waive the limit of $150,000 specified in paragraph (3) subject to such conditions as the Minister or that person may impose.”.

Made this 8th day of March 2002.

LIM SIONG GUAN

Permanent Secretary,
Ministry of Finance,
Singapore.

[R60.3.002 Vol. 3; AG/LEG/SL/134/2002/4 Vol. 1]

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