Common use of With reference to Article Clause in Contracts

With reference to Article. 23, (a) from producing or selling goods or merchandise, rendering engineering services, or doing banking or insurance business, within Singapore, or (b) from dividends paid by one or more companies, being residents of Singapore, more than 25 per cent of the capital of which is owned by the first-mentioned company, which themselves derive their receipts exclusively or almost exclusively from producing or selling goods and merchandise, rendering engineering services, or doing banking or insurance business, within Singapore.