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No. S 13

Income Tax Act

(Chapter 134)

Income Tax (Approved Banks) Order 2007

In exercise of the powers conferred by section 13(16) of the Income Tax Act, the Minister for Finance hereby makes the following Order:

Citation and commencement

1. This Order may be cited as the Income Tax (Approved Banks) Order 2007 and shall be deemed to have come into operation on 1st January 2007.

Approved bank

2. Intesa Sanpaolo S.p.A is hereby approved as an “approved bank” for the purposes of section 13(1)(t) of the Act.

Amendment of Income Tax (Approved Banks) (Consolidation) Order

3. The Income Tax (Approved Banks) (Consolidation) Order (O 32) is amended by deleting item (78) relating to SANPAOLO IMI S.p.A.

Made this 10th day of January 2007.

TEO MING KIAN

Permanent Secretary,
Ministry of Finance,
Singapore.

[MF(R) R32.12.2117 Vol. 22; AG/LEG/SL/134/2005/5 Vol. 1]