“approved container investment enterprise” or “ACIE” —
(a)
means a container investment enterprise approved under section 43P of the Act; and
[S 35/2023 wef 31/12/2021]
(b)
includes a partnership approved by the Minister (or an authorised body) under section 43P of the Act as applied by section 36 of the Act;
[S 35/2023 wef 31/12/2021]
[S 301/2024 wef 12/04/2024]
“approved related party”, in relation to an ACIE, means any company or partnership —
(a)
that is a related party of the ACIE and approved by the Minister or an authorised body under paragraph 3(1); or
[S 301/2024 wef 12/04/2024]
(b)
that is deemed under paragraph 3(3) to have been approved as such by the Minister or authorised body under paragraph 3(1);
[S 301/2024 wef 12/04/2024]
“container” has the meaning given by section 43P(7) of the Act;
[S 35/2023 wef 31/12/2021]
“related party”, in relation to an ACIE, means a company or partnership —
(a)
that is a related party of the ACIE in accordance with the Income Tax (Related Party of Approved Container Investment Enterprise under Section 43P) Rules 2021 (G.N. No. S 875/2021); or
[S 35/2023 wef 31/12/2021]
(b)
that is approved by the Minister to be a related party of the ACIE for the purposes of section 43P of the Act.