Singapore Business Federation (Exemption) (Amendment) Order 2013

Status:

Published in Subsidiary Legislation Supplement
on 04 Jul 2013

No. S 409

Singapore Business Federation Act

(CHAPTER 297A)

Singapore Business Federation
(Exemption) (Amendment)
Order 2013

In exercise of the powers conferred by section 5(2) of the Singapore Business Federation Act, the Minister for Trade and Industry hereby makes the following Order:

Citation and commencement

1. This Order may be cited as the Singapore Business Federation (Exemption) (Amendment) Order 2013 and shall come into operation on 4th July 2013.

Amendment of paragraph 2

2. Paragraph 2 of the Singapore Business Federation (Exemption) Order (O 1) is amended —

(a)

by deleting the word “Any” in sub-paragraph (1) and substituting the words “Subject to paragraph 3, any”; and

(b)

by deleting the paragraph heading and substituting the following paragraph heading:

“Annual exemption”.

New paragraph 3

3. The Singapore Business Federation (Exemption) Order is amended by inserting, immediately after paragraph 2, the following paragraph:

“Continuous exemption

3.—(1) Subject to sub-paragraph (2), where —

(a)	a local company or foreign company is exempted under paragraph 2(1) from section 5(1) of the Act for 2013 or any year thereafter (referred to as a year of exemption); and
(b)	the year of exemption is the third consecutive year for which the local company or foreign company is exempted under paragraph 2(1) from section 5(1) of the Act,

the exemption of the local company or foreign company shall, without having to satisfy the Council under paragraph 2, continue until the end of the year in which a person starts employment with the local company or foreign company.

(2) Sub-paragraph (1) shall not apply to a local company or foreign company if, during any period of continuous exemption under sub-paragraph (1) of the company, it employed a person and failed to immediately inform the Council in writing of the date on which the person started that employment.”.

Made this 3rd day of July 2013.

NG HOW YUE

Second Permanent Secretary,
Ministry of Trade and Industry,
Singapore.

[121/2-1-7 V15; AG/LLRD/SL/297A/2013/1 Vol. 1]

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