Is Inland Revenue Authority of Singapore (Amendment) Bill still in force?

Yes — Inland Revenue Authority of Singapore (Amendment) Bill is currently in force.

How many clauses does Inland Revenue Authority of Singapore (Amendment) Bill have?

Inland Revenue Authority of Singapore (Amendment) Bill contains 2 clauses.

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Inland Revenue Authority of Singapore (Amendment) Bill

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Type: Bill
Status: In force
Enacted: 2005
Sections: 2

Quick answer

About this bill

Inland Revenue Authority of Singapore (Amendment) Bill is Singapore Bill, cited as Bill 5 2005, currently marked in force and first recorded in 2005.

Clause 1

Short title and commencement

This Act may be cited as the Inland Revenue Authority of Singapore (Amendment) Act 2005 and shall come into operation on such date as the Minister may, by notification in the Gazette, appoint.

Clause 2

Repeal and re-enactment of section 13

Section 13 of the Inland Revenue Authority of Singapore Act is repealed and the following section substituted therefor:“Power to borrow13.—

(1)

For the discharge of its functions or duties under this Act or any other written law, the Authority may, from time to time, raise loans from the Government or, with the approval of the Minister, raise loans within or outside Singapore from such source as the Minister may direct by —

(a)

mortgage, overdraft or other means, with or without security;

(b)

charge, whether legal or equitable, on any property vested in the Authority or on any other revenue receivable by the Authority under this Act or any other written law; or

(c)

the creation and issue of debentures, bonds or any other instrument as the Minister may approve.(2) For the purposes of this section, the power to raise loans shall include the power to make any financial agreement whereby credit facilities are granted to the Authority for the purchase of goods or services.”.

Common questions

What is Inland Revenue Authority of Singapore (Amendment) Bill?: Inland Revenue Authority of Singapore (Amendment) Bill is Singapore Bill, cited as Bill 5 2005, currently marked in force and first recorded in 2005.
Is Inland Revenue Authority of Singapore (Amendment) Bill still in force?: Yes — Inland Revenue Authority of Singapore (Amendment) Bill is currently in force.
When did Inland Revenue Authority of Singapore (Amendment) Bill take effect?: Inland Revenue Authority of Singapore (Amendment) Bill was first recorded in 2005.
How many clauses does Inland Revenue Authority of Singapore (Amendment) Bill have?: Inland Revenue Authority of Singapore (Amendment) Bill contains 2 clauses.
Where can I read the official version of Inland Revenue Authority of Singapore (Amendment) Bill?: The official text of Inland Revenue Authority of Singapore (Amendment) Bill is published at sso.agc.gov.sg.