Singapore legislation

Regulation 13

of Deduction of Income Tax (Employments) Rules

Regulation 13

Priority of sums due under direction

Subregulation 1

All sums which an employer has deducted or should have deducted, in pursuance of a direction, from payments of emoluments made within the period of 12 months next before the relevant date, and which the employer is liable to pay but has not paid to the Comptroller shall be included among the debts which are entitled, from the date of the accruing thereof, to a preference of payment over all debts or claims of every kind, whether specialities or on simple contract, which, subsequent to such date, are contracted or incurred by, or become due from, such employer to any other person whomsoever.

Subregulation 2

For the purpose of this rule, “relevant date” means —

(a)

in relation to bankruptcy, the date of the receiving order; and

(b)

in relation to companies, the date of the order or effective resolution for winding up or of the appointment of the receiver or the taking possession of the property of the company, as the case may be.

Read in full context — Deduction of Income Tax (Employments) Rules →