Income Tax Act
(Chapter 134, Section 13(7))
Income Tax (Exemption of Foreign Income) (Consolidation) Order
O 34
G.N. No. S 503/1991

REVISED EDITION 1993
(1st April 1993)
1.  The following companies are hereby granted exemption from income tax on the profits received in Singapore and derived from such businesses and activities outside Singapore, as are specified in the Ministry’s letter of approval dated 26th October 1991 addressed to Gold Coin Limited and subject to the conditions stated therein:
(a)Gold Coin Limited;
(b)Gold Coin Singapore Pte. Ltd; and
(c)Gold Coin Services Pte. Ltd.
[S 503/91]
[22.1.91]
2.  Vikay Industrial Pte. Ltd. is hereby granted exemption from tax on the dividends received in Singapore by the company from approved investments in countries outside Singapore, subject to the terms and conditions specified in the letter of approval dated 15th November 1991 addressed to the company.
[S 8/92]
[3.1.92]
3.  Subject to the terms and conditions specified in the letter of approval dated 25th September 1990 issued to Suntec Investment Pte. Ltd., there shall be exempt from tax the income as specified therein.
[S 9/92]
[3.1.92]
4.  Rothschild Asia Pacific Pte. Limited is hereby granted exemption from income tax on the dividends received from its overseas subsidiaries, subject to the terms and conditions specified in the letter of approval dated 26th December 1991 addressed to the company.
[S 24/92]
[17.1.92]
5.  Subject to the terms and conditions specified in the letter of approval dated 4th April 1992 addressed to Suntec Investment Pte. Ltd., there shall be exempt from tax the income as specified therein.
[S 286/92]
[26.6.92]
6.  Morgan Grenfell Asia Holdings Pte. Ltd. is hereby granted exemption from tax on the dividends received in Singapore by the company from approved investments in countries outside Singapore, subject to the terms and conditions specified in the letter of approval dated 4th June 1992 addressed to the company.
[S 311/92]
[3.7.92]
7.  Clipsal Industries Holdings Limited is hereby granted exemption from tax on the dividends received in Singapore by the company from approved investments in countries outside Singapore, subject to the terms and conditions specified in the letter of approval dated 10th June 1992 addressed to the company.
[S 377/92]
[24.7.92]
8.  Subject to the terms and conditions specified in the letter of approval dated 13th August 1992 addressed to Suntec Investment Pte. Ltd., there shall be exempt from tax the income as specified therein.
[S 535/92]
[31.12.92]
9.  Havelock Investments Pte. Ltd., Koala Investments Pte. Ltd. and Seletar Fund Investments Pte. Ltd., are hereby granted exemption from income tax on the dividends received from their overseas investments as specified in the letter of approval dated 22nd August 1992 addressed to Temasek Holdings (Private) Limited.
[S 536/92]
[31.12.92]
10.  Singapore — Bintan Resort Holdings Pte. Ltd. is hereby granted exemption from tax on the dividends received in Singapore by the company from its investment in a country outside Singapore, subject to the terms and conditions specified in the letter of approval dated 29th May 1992 addressed to the company from the Economic Development Board.
[S 537/92]
[31.12.92]