Singapore legislation
Regulation 5
of Property Tax (Valuation by Gross Receipts for Jurong Port) Order
Regulation 5
Gross receipts relating to period of less than one year
Where the gross receipts from any port operations relate to a period of less than a year, the annual value of the port facility at which the port operations are carried out shall be based on the annual equivalent of the gross receipts from the port operations for that period.