Income Tax (Frasers Logistics & Commercial Trust UK Pte. Ltd. — Section 13(12) Exemption) Order 2021

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No. S 754

Income Tax Act

(CHAPTER 134)

Income Tax
(Frasers Logistics &
Commercial Trust UK Pte. Ltd. —
Section 13(12) Exemption) Order 2021

In exercise of the powers conferred by section 13(12) of the Income Tax Act, the Minister for Finance makes the following Order:

Citation

1. This Order is the Income Tax (Frasers Logistics & Commercial Trust UK Pte. Ltd. — Section 13(12) Exemption) Order 2021.

Exemption

2.—(1) The following income received in Singapore by Frasers Logistics & Commercial Trust UK Pte. Ltd. (a company incorporated in Singapore) from Maxis Business Park Limited (a company incorporated in Jersey) on or after 22 June 2021 is exempt from tax:

(a)	dividend income;
(b)	interest income.

(2) The exemption in sub‑paragraph (1) is subject to the conditions specified in the letter of approval dated 22 June 2021 addressed to EY Corporate Advisors Pte. Ltd.

Made on 2 October 2021.

TAN CHING YEE

Permanent Secretary,
Ministry of Finance,
Singapore.

[R032.015.0022.V1; AG/LEGIS/SL/134/2020/23 Vol. 2]

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