Singapore legislation

Clause 5

of Property Tax (Surcharge) Bill

Clause 5

Variation of rate of surcharge

(1)

The President may by notification in the Gazette amend the Schedule by increasing, decreasing or varying in any manner the rate specified therein.

(2)

Any such increase, decrease or variation of the rate set out in the Schedule shall take effect on the date of the publication of the notification in the Gazette.