Section 23: The SIC Development Co. Ltd
This section is inserted by Act No 13 of 2019, section 26.
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
23. The SIC Development Co. Ltd
(ii) in Part II –
(A) in Sub-part B, by adding the following new item –
9. 80 per cent of interest derived by a
person from money lent through a
Peer-to-Peer Lending platform
operated under a licence issued by
the Financial Services Commission
under the Financial Services Act.
338 Acts 2019
(B) in Sub-part C –
(I) by inserting, after item 10A, the following
new item –
Ask juris about this section Official source
Questions this section answers
- Is the SIC Development Co. Ltd listed among the income tax exemption items?