Singapore legislation
Regulation 3
Regulation 3
Assessment of annual value of Circle Line
Subregulation 1
Subject to this Order, the annual value of the Circle Line in any year during the period between 28th May 2009 and 27th May 2014 (both dates inclusive) shall be as specified in the Schedule.
Subregulation 2
The annual value of the Circle Line specified in the second column of the Schedule shall continue to apply to the period specified in the first column thereof notwithstanding that, at any time during that period, the use of any portion of the Circle Line for the public carriage of passengers ceases or is discontinued.