Singapore legislation
Regulation 22
of Charities (Institutions of A Public Character) Regulations
Regulation 22
Financial penalty
Amended byS 122/2019 wef 01/03/2019S 16/2023 wef 31/12/2021
A person who contravenes regulation 9(1) or (7) shall be liable to pay to the Commissioner a financial penalty of the higher of the following amounts:
(a)
$100;
(b)
the amount ascertained by the formula 0.4 × the total value of the donations (as determined under section 37(3) of the Income Tax Act 1947) which ought not to be allowed a deduction under section 37(3) of the Income Tax Act 1947 by reason of the contravention, if any.