Regulation 1
Citation and commencement
These Regulations are the Public Transport Council (Prescribed Period for Contribution of Proportion of Fare Increases) Regulations 2016 and come into operation on 1 April 2016.
/akn/sg/act/sub_leg/1987/PTCA-S142-2016
Public Transport Council (Prescribed Period for Contribution of Proportion of Fare Increases) Regulations 2016
The full official text, structured for quick navigation. Copy any provision or jump straight to a section.
- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 1987
- Sections
- 4
Quick answer
About this subsidiary legislation
Public Transport Council (Prescribed Period for Contribution of Proportion of Fare Increases) Regulations 2016 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation PTCA-S142-2016 1987, currently marked in force and first recorded in 1987.
Regulation 2
Definitions
In these Regulations —“business day” means a day other than a Saturday, Sunday or public holiday;“contribution” means a contribution that a public bus operator or a licensed rapid transit system operator must contribute to the Public Transport Fund under section 24AC(1) of the Act;“quarter” means a period of 3 months ending on 31 March, 30 June, 30 September or 31 December.
Definition
“business day” means a day other than a Saturday, Sunday or public holiday;
Definition
“contribution” means a contribution that a public bus operator or a licensed rapid transit system operator must contribute to the Public Transport Fund under section 24AC(1) of the Act;
Definition
“quarter” means a period of 3 months ending on 31 March, 30 June, 30 September or 31 December.
Regulation 3
Prescribed period for contributions
Subregulation 1
Any contribution must be made in 4 equal instalments.
Subregulation 2
Each instalment of a contribution must be paid on or before the last business day of each quarter within one year after the effective date of any fare increase approved or revised under section 24 or 24AA of the Act, as the case may be.
Regulation 4
Interest for late payment of contribution
Subregulation 1
Where any instalment of a contribution is due and unpaid, the public bus operator or the licensed rapid transit system operator in arrears must pay interest on the amount in arrears at a rate of 5.5% per annum.
Subregulation 2
The interest referred to in paragraph (1) is payable starting on the date after the arrears in contribution are due up to and including the date the arrears are paid into the Public Transport Fund.
Common questions
- What is Public Transport Council (Prescribed Period for Contribution of Proportion of Fare Increases) Regulations 2016?
- Public Transport Council (Prescribed Period for Contribution of Proportion of Fare Increases) Regulations 2016 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation PTCA-S142-2016 1987, currently marked in force and first recorded in 1987.
- Is Public Transport Council (Prescribed Period for Contribution of Proportion of Fare Increases) Regulations 2016 still in force?
- Yes — Public Transport Council (Prescribed Period for Contribution of Proportion of Fare Increases) Regulations 2016 is currently in force.
- When did Public Transport Council (Prescribed Period for Contribution of Proportion of Fare Increases) Regulations 2016 take effect?
- Public Transport Council (Prescribed Period for Contribution of Proportion of Fare Increases) Regulations 2016 was first recorded in 1987.
- How many regulations does Public Transport Council (Prescribed Period for Contribution of Proportion of Fare Increases) Regulations 2016 have?
- Public Transport Council (Prescribed Period for Contribution of Proportion of Fare Increases) Regulations 2016 contains 4 regulations.
- Where can I read the official version of Public Transport Council (Prescribed Period for Contribution of Proportion of Fare Increases) Regulations 2016?
- The official text of Public Transport Council (Prescribed Period for Contribution of Proportion of Fare Increases) Regulations 2016 is published at sso.agc.gov.sg.