No. S 216
Income Tax Act 1947
Income Tax
(Exemption and Concessionary Tax Rate for
Income from Life Reinsurance Business)
(Amendment No. 2) Regulations 2023
In exercise of the powers conferred by section 43C of the Income Tax Act 1947, the Minister for Finance makes the following Regulations:
Citation and commencement
1.  These Regulations are the Income Tax (Exemption and Concessionary Tax Rate for Income from Life Reinsurance Business) (Amendment No. 2) Regulations 2023 and come into operation on 28 April 2023.
Amendment of regulation 5
2.  In the Income Tax (Exemption and Concessionary Tax Rate for Income from Life Reinsurance Business) Regulations 2017 (G.N. No. S 608/2017), in regulation 5(3)(a)(ii), after “1970”, insert “or the Financial Services and Markets Act 2022”.
Amendment of regulation 7
3.  In the Income Tax (Exemption and Concessionary Tax Rate for Income from Life Reinsurance Business) Regulations 2017, in regulation 7(5)(a)(ii), after “1970”, insert “or the Financial Services and Markets Act 2022”.
[G.N. Nos. S 700/2020; S 940/2022; S 192/2023]
Made on 17 April 2023.
LAI WEI LIN
Second Permanent Secretary,
Ministry of Finance,
Singapore.
[AG/LEGIS/SL/134/2020/24 Vol. 1]