Singapore legislation

Clause 16

New section 35A and repeal and re-enactment of section 36

Section 36 of the principal Act is repealed and the following sections substituted therefor:“Tax to be paid notwithstanding objection, etc.35A.—

(1)

There shall be payable to account of tax in respect of a property a sum of money calculated at the prescribed rate of tax on the basis of the annual value in the Valuation List proposed or amended under the provisions of this Act notwithstanding that —

(a)

an application for remission or exemption has been made under section 6(5A) or (5B);

(b)

a claim has been submitted under section 7(2);

(c)

a claim for reduction has been made under section 9; or

(d)

an objection or appeal has been made under section 20A or 22.(2) The sum under subsection (1) shall be payable and recoverable in the same manner in which taxes are payable and recoverable under this Act.Penalty for non-payment of tax and enforcement of payment36.—

(1)

If any tax, whether in whole or in part, remains unpaid at the expiration of the prescribed time, a sum not exceeding 5% of the amount of outstanding tax shall be added thereto, and the provisions of this Act relating to the collection and recovery of tax shall apply to the collection and recovery of such sum.(2) Subsection (1) shall also apply to any tax in respect of any period before 1st January 2003, whether in whole or in part, which remains due and unpaid as at that date.(3) The Comptroller may, where good cause is shown, remit the whole or any part of the penalty due under subsection (1).”.

Read in full context — Property Tax (Amendment) Bill →