Section 13 — Responsible members of MNE group

(1)The ultimate parent entity of an MNE group is a responsible member of the MNE group if it is not an excluded entity and is —

(a)located in Singapore; or

(b)subject to a qualified IIR under the law of the jurisdiction where it is located.

(2)An intermediate parent entity (X) of an MNE group is a responsible member of the MNE group if —

(a)the ultimate parent entity of the MNE group is not a responsible member of the MNE group;

(b)no constituent entity of the MNE group that holds a controlling interest in X is —

(i)located in Singapore; or

(ii)subject to a qualified IIR under the law of the jurisdiction where it is located; and

(c)X is —

(i)located in Singapore; or

(ii)subject to a qualified IIR under the law of the jurisdiction where it is located.

(3)A partially‑owned parent entity (X) of an MNE group is a responsible member of the MNE group if —

(a)the ownership interests in X are not wholly held (directly or indirectly) by another partially‑owned parent entity of the MNE group that is —

(i)located in Singapore; or

(ii)subject to a qualified IIR under the law of the jurisdiction where it is located; and

(b)X is —

(i)located in Singapore; or

(ii)subject to a qualified IIR under the law of the jurisdiction where it is located.