Singapore legislation

Regulation 2

of Property Tax (Circle Line) Order 2012

Regulation 2

Definitions

In this Order, unless the context otherwise requires —“Circle Line” means such portion of the rapid transit system known as the Circle Line that is open for the public carriage of passengers by SMRT Trains Ltd;“gross receipts”, in relation to the operation of the Circle Line, means the sum total of the following amounts:

(a)

the commuter fare collection by SMRT Trains Ltd for operating the Circle Line;

(b)

the receipts from any trade or business carried on by SMRT Trains Ltd in any part of the Circle Line;

(c)

the rental and licence fees derived by SMRT Trains Ltd from any person for the use of any space in any part of the Circle Line pursuant to a rental or licence agreement, as the case may be, between the person and SMRT Trains Ltd; (d)the advertisement fees derived by SMRT Trains Ltd from any person for the use of any advertising space in any part of the Circle Line, including on any train used on the Circle Line; and

(e)

any other fees or charges derived by SMRT Trains Ltd from its operation of the Circle Line;“rapid transit system” has the same meaning as in section 2 of the Rapid Transit Systems Act (Cap. 263A);“SMRT Trains Ltd” means SMRT Trains Ltd, a company incorporated under the Companies Act (Cap. 50).

Definition

“Circle Line” means such portion of the rapid transit system known as the Circle Line that is open for the public carriage of passengers by SMRT Trains Ltd;

Definition

“gross receipts”, in relation to the operation of the Circle Line, means the sum total of the following amounts:

(a)

the commuter fare collection by SMRT Trains Ltd for operating the Circle Line;

(b)

the receipts from any trade or business carried on by SMRT Trains Ltd in any part of the Circle Line;

(c)

the rental and licence fees derived by SMRT Trains Ltd from any person for the use of any space in any part of the Circle Line pursuant to a rental or licence agreement, as the case may be, between the person and SMRT Trains Ltd; (d)the advertisement fees derived by SMRT Trains Ltd from any person for the use of any advertising space in any part of the Circle Line, including on any train used on the Circle Line; and

(e)

any other fees or charges derived by SMRT Trains Ltd from its operation of the Circle Line;

Definition

“rapid transit system” has the same meaning as in section 2 of the Rapid Transit Systems Act (Cap. 263A);

Definition

“SMRT Trains Ltd” means SMRT Trains Ltd, a company incorporated under the Companies Act (Cap. 50).