In force2009 Revised EditionCurrent version · 2009 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
4. Compensation for Transfer
Feedback & supportCompensation to SembGas for the Transfer shall comprise the following:
(a)
payment by PowerGas, in accordance with regulation 5, of the net book value of the Assets as of the Appointed Day using a 40-year depreciation period as determined by the appointed auditor; and
(b)
payment by the Authority, in accordance with regulation 6, of $35 million.