No. S 466
Income Tax Act
(CHAPTER 134)
Income Tax
(Land Intensification Allowance)
(Amendment) Regulations 2013
In exercise of the powers conferred by section 18C(2) of the Income Tax Act, the Minister for Finance hereby makes the following Regulations:
Citation and commencement
1.  These Regulations may be cited as the Income Tax (Land Intensification Allowance) (Amendment) Regulations 2013 and shall come into operation on 1st August 2013.
Amendment of regulation 2
2.  Regulation 2 of the Income Tax (Land Intensification Allowance) Regulations 2012 (G.N. No. S 28/2012) is amended by inserting, immediately after paragraph (1), the following paragraph:
“(1A)  For the purposes of paragraph (1)(a), the relevant gross plot ratio benchmark applicable to a building or structure is the ratio set out in —
“(a)Column A of the Schedule where the application for planning permission or conservation permission is made to the competent authority in accordance with the Planning Act (Cap. 232) during the period from 23rd February 2010 to 31st July 2013 (both dates inclusive); and
(b)Column B of the Schedule where the application for planning permission or conservation permission is made to the competent authority in accordance with the Planning Act on or after 1st August 2013.”.
Deletion and substitution of Schedule
3.  The Schedule to the Income Tax (Land Intensification Allowance) Regulations 2012 is deleted and the following Schedule substituted therefor:
“THE SCHEDULE
Regulation 2
GROSS PLOT RATIO BENCHMARK
Trade or business
Gross plot ratio benchmark
Description
Classification under Singapore Standard Industrial Classification 2010 at Section C
Column A
Column B
1.Manufacture of food products, beverages and tobacco products
1010
1020
1030
1040
1050
1061
1062
1071
1072
1073
1074
1075
1076
1079
1080
1101
1102
1103
1104
1200
0.99
1.00
2.Printing and reproduction of recorded media
1811
1812
1820
1.02
1.98
3.Manufacture of coke and refined petroleum products
1910
1920
0.33
0.40
4.Manufacture of petrochemicals and petrochemical products
2013
0.58
0.69
5.Manufacture of chemicals and chemical products other than petrochemicals and petrochemical products
2011
2012
2021
2022
2023
2024
2029
2030
0.60
0.70
6.Manufacture of pharmaceuticals and biological products
2101
2102
0.60
0.67
7.Manufacture of computers and peripheral equipment, and consumer electronics
2620
2640
2.45
2.45
8.Manufacture of computers, electronic and optical products and electronic equipment other than computers and peripheral equipment, and consumer electronics
2611
2612
2630
2651
2652
2660
2670
2680
2710
2720
2732
2733
2740
2750
2790
1.40
1.69
9.Manufacture of motor vehicles, trailers and semi‑trailers, and railway locomotives and rolling stock, and military fighting vehicles
2910
2920
2930
3020
3040
3091
3092
3099
0.71
0.73
10.Manufacture of air and spacecraft and related machinery
3030
0.63
1.00
11.Building and repairing of ships and boats
3011
3012
0.45
0.70
12.Manufacture of medical and dental instruments and supplies
3250
1.80
1.80
13.Manufacture of machinery and equipment
2811
2812
2814
2815
2816
2817
2819
2821
2822
2824
2825
2826
2827
2829
2830
0.76
0.78
14.Other manufacturing industries
1310
1391
1392
1393
1394
1399
1410
1420
1430
1511
1512
1520
1610
1621
1622
1623
1629
1701
1702
1709
2211
2212
2219
2221
2222
2310
2391
2393
2394
2395
2396
2399
2410
2420
2431
2432
2511
2512
2513
2520
2591
2592
2593
2594
2595
2599
3100
3211
3212
3220
3230
3240
3290
0.82
0.85
”.
[G.N. No. S 60/2012]
Made this 17th day of July 2013.
LIM SOO HOON
Permanent Secretary
(Finance) (Performance),
Ministry of Finance,
Singapore.
[MF(R)32.18.2968 V17 & V18; AG/LLRD/SL/134/2010/18 Vol. 1]
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