Singapore legislation

Regulation 4

of Property Tax (Downtown Line) Order 2015

Regulation 4

Non-application of assessment based on gross receipts in certain circumstances

This Order ceases to apply in the event the licence granted to SBS Transit DTL Pte Ltd under section 13 of the Rapid Transit Systems Act (Cap. 263A) for the operation of the Downtown Line is transferred, assigned or surrendered under section 16B of that Act, or is finally cancelled or suspended, whichever first occurs.

Read in full context — Property Tax (Downtown Line) Order 2015 →