No. S 560
Income Tax Act
(Chapter 134)
Income Tax (Exemption of Income of Sicom) Rules 2003
In exercise of the powers conferred by sections 7 (1) and 13(1)(p) of the Income Tax Act, the Minister for Finance hereby makes the following Rules:
1.  These Rules may be cited as the Income Tax (Exemption of Income of SICOM) Rules 2003.
2.  In these Rules —
“commodity” has the same meaning as in the Commodity Trading Act (Cap. 48A);
“SICOM” means the Singapore Commodity Exchange Limited.
Exemption of income of SICOM
3.  The income of SICOM specified in the Schedule derived during the period from 1st January 2003 to 31st December 2007 (both dates inclusive) is exempt from tax.

Made this 1st day of December 2003.

Permanent Secretary,
Ministry of Finance,
[MF(R) 32.18.39 Vol. 3; AG/LEG/SL/134/2002/13 Vol. 1]
(To be presented to Parliament under section 7(2) of the Income Tax Act).