Goods and Services Tax Act (Amendment of Third and Fourth Schedules) Order 2008

Status:

Published in Subsidiary Legislation Supplement
on 26 Dec 2008

No. S 676

Goods and Services Tax Act

(Chapter 117A)

Goods and Services Tax Act (Amendment of Third and Fourth Schedules) Order 2008

In exercise of the powers conferred by sections 17(6) and 22(2) of the Goods and Services Tax Act, the Minister for Finance hereby makes the following Order:

Citation and commencement

1. This Order may be cited as the Goods and Services Tax Act (Amendment of Third and Fourth Schedules) Order 2008 and shall come into operation on 1st January 2009.

Amendment of Third Schedule

2. Paragraph 3(8) of the Third Schedule to the Goods and Services Tax Act is amended —

(a)

by inserting, immediately above the definition of “company”, the following definition:

“ “business trust” has the same meaning as in the Business Trusts Act (Cap. 31A);”and

(b)

by inserting, immediately after the words “unit trust scheme” in the definition of “company”, the words “or business trust scheme”.

Amendment of Fourth Schedule

3. The Fourth Schedule to the Goods and Services Tax Act is amended —

(a)

by inserting, immediately after the words “unit trust” in paragraph 1(p), the words “or business trust”;

(b)

by inserting, immediately above the definition of “credit” in paragraph 3, the following definition:

“ “business trust” has the same meaning as in the Business Trusts Act (Cap. 31A);”and

(c)

by inserting, immediately after the words “unit trust” in the definition of “unit” in paragraph 3, the words “or business trust”.

Made this 19th day of December 2008.

TEO MING KIAN

Permanent Secretary,
Ministry of Finance,
Singapore.

[MF R60.001.0013 Vol.32; AG/LEG/SL/117A/2002/1 Vol. 3]

(To be presented to Parliament under section 86(2) of the Goods and Services Tax Act).

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