Consequential amendments to Economic Expansion Incentives (Relief from Income Tax) Act
43.  The Economic Expansion Incentives (Relief from Income Tax) Act (Cap. 86) is amended —
(a)
by deleting the words “section 43(1)(b)” in sections 59(1) and 64 (1) and substituting in each case the words “section 43(1)”;
(b)
by deleting the words “or 43X of the Income Tax Act” in the definition of “concessionary income” in section 66(1) and substituting the words “, 43X, 43Y or 43Z of the Income Tax Act, or the regulations made under any of those provisions”; and
(c)
by inserting, immediately after section 103, the following section:
Consequential provision arising from abolition of imputation system
104.  The following provisions shall cease to have effect from 1st January 2008:
(a)
sections 14(1) to (6), (9) and (10), 19L (1) to (8), 72, 74 (2), 97Q (1) to (7) and (10) and 97ZI (1) to (8); and
(b)
paragraphs (i) (in relation to paragraph (b)) and (ii) of sections 14(7), 19L (9), 73, 97Q (8) and 97ZI (9).”.