Singapore legislation

Regulation 2

of Property Tax (Downtown Line) Order 2015

Regulation 2

Definitions

In this Order, unless the context otherwise requires —“Downtown Line” means such portion of the rapid transit system known as the Downtown Line as is open for the public carriage of passengers;“gross receipts”, in relation to the operation of the Downtown Line, means the sum total of the following amounts:

(a)

the commuter fare collection by SBS Transit DTL Pte Ltd for operating the Downtown Line;

(b)

the receipts from any trade or business carried on by SBS Transit DTL Pte Ltd in any part of the Downtown Line;

(c)

the rental and licence fees payable to SBS Transit DTL Pte Ltd by any person for the use of any space in any part of the Downtown Line pursuant to a rental or licence agreement, as the case may be, between the person and SBS Transit DTL Pte Ltd;

(d)

the advertisement fees payable to SBS Transit DTL Pte Ltd by any person for the use of any advertising space in any part of the Downtown Line, including on any train used on the Downtown Line;

(e)

any other fees or charges derived by SBS Transit DTL Pte Ltd from its operation of the Downtown Line;“rapid transit system” has the same meaning as in section 2 of the Rapid Transit Systems Act (Cap. 263A);“SBS Transit DTL Pte Ltd” means the company by that name that is incorporated under the Companies Act (Cap. 50).

Definition

“Downtown Line” means such portion of the rapid transit system known as the Downtown Line as is open for the public carriage of passengers;

Definition

“gross receipts”, in relation to the operation of the Downtown Line, means the sum total of the following amounts:

(a)

the commuter fare collection by SBS Transit DTL Pte Ltd for operating the Downtown Line;

(b)

the receipts from any trade or business carried on by SBS Transit DTL Pte Ltd in any part of the Downtown Line;

(c)

the rental and licence fees payable to SBS Transit DTL Pte Ltd by any person for the use of any space in any part of the Downtown Line pursuant to a rental or licence agreement, as the case may be, between the person and SBS Transit DTL Pte Ltd;

(d)

the advertisement fees payable to SBS Transit DTL Pte Ltd by any person for the use of any advertising space in any part of the Downtown Line, including on any train used on the Downtown Line;

(e)

any other fees or charges derived by SBS Transit DTL Pte Ltd from its operation of the Downtown Line;

Definition

“rapid transit system” has the same meaning as in section 2 of the Rapid Transit Systems Act (Cap. 263A);

Definition

“SBS Transit DTL Pte Ltd” means the company by that name that is incorporated under the Companies Act (Cap. 50).