Singapore legislation
Section 34
Section 34
Interest for non‑payment and recovery of financial penalty
(1)
A registered filing agent or a registered qualified individual who fails to pay any amount of a financial penalty imposed by the Chief Executive under section 31 or 32 (as the case may be), or by the Minister on an appeal under section 33 —
in the case of a registered filing agent —
within the period specified for payment by the Chief Executive under section 31(13)(d); or
where there is an appeal to the Minister under section 33, within the time specified for payment by the Minister; and
in the case of a registered qualified individual —
within the period specified for payment by the Chief Executive under section 32(12)(d); or
where there is an appeal to the Minister under section 33, within the time specified for payment by the Minister,is liable to pay interest at the same rate as for a judgment debt on the unpaid amount.
(2)
The liability of a registered filing agent or a registered qualified individual to pay a financial penalty and any interest on the financial penalty under this Part is not affected by the registered filing agent or registered qualified individual (as the case may be) ceasing to be registered as such.
(3)
In any proceeding for the recovery of any financial penalty under this Part —
a certificate purporting to be under the hand of the Chief Executive certifying the amount of the financial penalty that is imposed, and the period specified for payment, by the Chief Executive under section 31(13)(d) or 32(12)(d); and
where there is an appeal to the Minister under section 33, a certificate purporting to be under the hand of the Minister certifying the amount of financial penalty that is imposed, and the period specified for payment, by the Minister on an appeal under section 33(4),is prima facie evidence of the facts stated in the certificate.
(4)
The Minister, or an officer authorised by the Minister in that behalf, may waive, remit or refund in whole or in part any financial penalty imposed or interest on the penalty.[28I