Income Tax Act |
Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 5) Notification 1997 |
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Citation |
1. This Notification may be cited as the Income Tax (Exemption of Interest and Other Payments on Economic and Technological Development Loans) (No. 5) Notification 1997. |
Exemption |
2. There shall be exempt from tax the interest payable under the US$500 million Asian Medium Term Note Programme by Nissho Iwai International (Singapore) Ltd to any note holder who is —
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Terms and conditions of exemption |
3. The exemption is subject to the terms and conditions specified in the Ministry of Finance’s letter of approval dated 24th February 1997 and the Annexes thereto. |
Made this 13th day of May 1997.
Second Permanent Secretary, Ministry of Finance, Singapore. |