On 19/06/2013,
you requested for the version in force on 19/06/2013
incorporating all amendments published on or before 19/06/2013.
The closest version currently available is that of 11/04/2000.
No. S 423
Income Tax Act
(Chapter 134)
Income Tax (Transfer of Undertaking by Bank
or Finance Company) (No. 7) Order 2000
or Finance Company) (No. 7) Order 2000
In exercise of the powers conferred by section 14I(3) of the Income Tax Act, the Minister for Finance hereby makes the following Order:
1. This Order may be cited as the Income Tax (Transfer of Undertaking by Bank or Finance Company) (No. 7) Order 2000.
2. It is hereby declared that under section 14I(3) of the Act, the provisions in the account of Tat Lee Bank Ltd. which have been transferred to Keppel Tatlee Bank Limited —
(a)
shall not be deemed under section 14I(2)(b) of the Act to be a trading receipt of Tat Lee Bank Ltd.; and
(b)
shall for the purposes of section 14I of the Act be treated as having been allowed to Keppel Tatlee Bank Limited as a deduction under that section,
subject to the conditions specified in the letter of approval dated 11th April 2000.
[MF(R) R32.18.10 Vol. 5 F.02; AG/LEG/SL/134/1997/8 Vol. 1]