No. S 209
Income Tax Act
(CHAPTER 134)
Income Tax
(PIC Automation Equipment)
Rules 2012
In exercise of the powers conferred by section 7(1), the definition of “PIC automation equipment” in section 19A(15), and section 19A(17) of the Income Tax Act, the Minister for Finance hereby makes the following Rules:
Citation and commencement
1.  These Rules may be cited as the Income Tax (PIC Automation Equipment) Rules 2012 and shall have effect for the year of assessment 2011 and subsequent years of assessment.
Automation equipment
2.  The automation equipment specified in the Schedule are hereby prescribed for the purposes of the deduction to be allowed under section 14T of the Act and the allowances to be made under section 19A(2A) and (2B) of the Act.
Criteria for approving automation equipment
3.—(1)  For the purpose of section 19A(17) of the Act, the Minister or the person appointed by him may approve any automation equipment as a PIC automation equipment for a person (referred to in this paragraph as the applicant) if the Minister or appointed person is satisfied that —
(a)the automation equipment is or is intended to be put into use in one or more of the work processes of the trade, profession or business of the applicant; and
[S 478/2015 wef Y/A 2013 and sub Ys/A]
(b)the automation equipment enhances or will enhance the productivity of the applicant in carrying on or exercising the trade, profession or business.
[S 478/2015 wef Y/A 2013 and sub Ys/A]
(c)[Deleted by S 478/2015 wef Y/A 2013 and sub Ys/A]
(2)  An application for approval shall —
(a)be made to the Minister or appointed person before the expiration of the time the applicant has to furnish a return of his income for the year of assessment in question, or within such time as may be allowed by the Minister or appointed person in a particular case; and
(b)be accompanied by such information and supporting documents in such form and manner as the Minister or appointed person may specify.
Made this 15th day of May 2012.
LIM SOO HOON
Permanent Secretary
(Finance) (Performance),
Ministry of Finance,
Singapore.
[MF(R) 32.19.2887 V31/32; AG/LLRD/SL/134/2010/25 Vol. 1]
(To be presented to Parliament under section 7(2) of the Income Tax Act)