Singapore legislation

Regulation 22

of Property Tax (Collection and Recovery) Regulations

Regulation 22

Additional sums to be deducted

Amended byS 606/2010 wef 25/10/2010S 77/94 wef 04/03/1994G.N. Nos. S 153/61S 77/94S 627/2002S 606/2010

The sum to be deducted from the proceeds of the sale, besides the arrears originally due to the Comptroller, shall be —

(a)

any further arrears that may have accrued up to the day of sale;

(b)

the costs incurred by the process, sale and conveyance;

(c)

interest on the arrears at the rate prescribed under section 41(1) of the Act in the Property Tax (Prescribed Interest Rates) Regulations 2010 (G.N. No. S 605/2010);

(d)

fees as provided under the Fees (Property Tax) Order (Cap. 106, O 35); (e)where it is necessary to place a watchman or watchmen in charge of the property attached, the cost incurred in hiring the watchman or watchmen; and (f)any other proper charge.