Page:Casino Control Act 2006.pdf/134

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(3E) In subsection (3A)—

“contract” excludes a contract for or which involves—

(a) the lending of any money or other valuable thing for such gaming or wagering;

(b) the extension of any form of credit for such gaming or wagering; or

(c) the giving of security in respect of the act referred to in paragraph (a) or (b);

“private body” has the same meaning as in any notification made under the Common Gaming Houses Act (Cap. 49) which exempts gaming conducted in premises owned or used by a private body;

“private lottery” has the same meaning as in the Private Lotteries Act (Cap. 250);

“totalisator”, “Singapore Totalisator Board”, “turf club” and

“approved scheme” have the same meanings as in the Singapore Totalisator Board Act (Cap. 305A).”.

Related amendments to Income Tax Act

202. The Income Tax Act (Cap. 134) is amended—

(a) by inserting, immediately after subsection (7) of section 12, the following subsections:

“(8) There shall be deemed to be derived from Singapore any commission or other payment paid to a junket promoter for arranging a junket with a casino operator in Singapore which is—

(a) borne, directly or indirectly, by a person resident in Singapore or a permanent establishment in Singapore except in respect of any business carried on outside Singapore through a permanent establishment outside Singapore; or

(b) deductible against any income accruing in or derived from Singapore.