Singapore legislation
Regulation 4
of Public Transport Council (Street-hail Common Pricing Schemes) Regulations 2020
Regulation 4
Effective street-hail common pricing scheme
Subregulation 1
To be effective for the purposes of section 23C(5)(c) of the Act, a street‑hail common pricing scheme to vary a variable fare component must be an agreement in writing —
made between the street-hail industry participants —
who are each under regulation 3(1), a prescribed street‑hail industry participant for the variable fare component; and
collectively operate at least 80% of the total number of registered taxis which are operated by all of the prescribed street‑hail industry participants for that variable fare component; and
executed within the permitted time but in no case more than 28 days before the date the street-hail common pricing scheme is lodged with the Council under section 23C(2)(b) of the Act.
Subregulation 2
The permitted time in paragraph (1) is a period —
starting from the date the first prescribed street‑hail industry participant for a variable fare component signs the agreement that is the street‑hail common pricing scheme to vary the variable fare component; and
ending not more than 28 days after the date the first prescribed street‑hail industry participant for the variable fare component signs the agreement that is the street‑hail common pricing scheme to vary that variable fare component.