Singapore legislation
Regulation 20
of Income Tax (Supplementary Retirement Scheme) Regulations 2003
Regulation 20
Penalty
Amended byS 521/2010 wef 01/02/2011
Subregulation 1
Any person who is guilty of an offence under these Regulations (other than regulation 11(1A) or 12(1A)) shall be liable on conviction to a fine not exceeding $1,000 and in default of payment to imprisonment for a term not exceeding 6 months.
Subregulation 2
Amended byS 521/2010 wef 01/02/2011
Any person who is guilty of an offence under regulation 11(1A) or 12(1A) shall be liable on conviction to a fine not exceeding $2,000 or to imprisonment for a term not exceeding 12 months or to both.