

On 19/05/2013,
you requested for the version in force on 19/05/2013
incorporating all amendments published on or before 19/05/2013.
The closest version currently available is that of 22/07/2010.

2.
—(1) Natsteel Holdings Pte Ltd is hereby granted exemption from tax on the dividends received in Singapore from Southern Steel Bhd located in Malaysia, being a company in which Natsteel Holdings Pte Ltd owns 27.03% of the total number of issued ordinary shares.
(2) The exemption under sub-paragraph (1) is subject to the terms and conditions specified in the letter of approval dated 15th January 2010 addressed to Natsteel Holdings Pte Ltd.



