Continuous exemption
3.—(1)  Subject to sub-paragraph (2), where —
(a)a local company or foreign company is exempted under paragraph 2(1) from section 5(1) of the Act for 2013 or any year thereafter (referred to as a year of exemption); and
(b)the year of exemption is the third consecutive year for which the local company or foreign company is exempted under paragraph 2(1) from section 5(1) of the Act,
the exemption of the local company or foreign company shall, without having to satisfy the Council under paragraph 2, continue until the end of the year in which a person starts employment with the local company or foreign company.
(2)  Sub-paragraph (1) shall not apply to a local company or foreign company if, during any period of continuous exemption under sub-paragraph (1) of the company, it employed a person and failed to immediately inform the Council in writing of the date on which the person started that employment.
[S 409/2013 wef 04/07/2013]