Singapore legislation

Regulation 6

of Property Tax (North-East Line, Punggol Light Rapid Transit and Sengkang Light Rapid Transit) Order 2006

Regulation 6

Assessment of annual value for unused portion of relevant rapid transit system

Where any portion of any relevant rapid transit system ceases to be used as a part of the relevant rapid transit system (referred to in this paragraph as the unused portion) during the year in which its annual value is to be assessed, the annual value of the unused portion for that year shall continue to be based on the gross receipts from the operation of the unused portion in the preceding year.

Read in full context — Property Tax (North-East Line, Punggol Light Rapid Transit and Sengkang Light Rapid Transit) Order 2006 →