Singapore legislation
Regulation 10
of Resource Sustainability (Producer Responsibility Schemes) Regulations 2021
Regulation 10
Matters to be included in annual report
Subregulation 1
The annual report mentioned in section 35 of the Act for a compliance year must be submitted within 3 months after the end of the compliance year.
Subregulation 2
The annual report must be prepared in a manner consistent with the Singapore Financial Reporting Standards (International) and give a true and fair view of the financial position and performance of the licensee.
Subregulation 3
For the purposes of section 35 of the Act, the annual report must include the following matters:
the accounts for the licensee;
if the licensee has one or more wholly owned subsidiaries or is a wholly owned subsidiary — the consolidated accounts for the licensee and all its subsidiaries or the licensee’s holding company and all the holding company’s subsidiaries, as the case may be;
the fees collected from each member according to the type of regulated consumer product collected in the compliance year;
a breakdown of revenue and expenses for each of the following activities:
e‑waste collection;
logistics; (iii)recycling; (iv)administration;
marketing;
if a condition of the licensee’s licence requires the licensee to set aside contingency funds to ensure the licensee’s continued operations — the amount of the contingency funds.