Singapore legislation
Regulation 2
Regulation 2
Calculation of penalties for conservancy and service charges and licence fees in arrears
Subregulation 1
The owner, tenant or licensee shall be liable to pay the Town Council of Holland-Bukit Panjang a penalty calculated at the following rates:
2% per month on the amount of the arrears of any conservancy and service charges or licence fees payable by him to the Town Council in respect of any residential property, or a minimum sum of $1; and
5% per month on the amount of the arrears of any conservancy and service charges or licence fees payable by him to the Town Council in respect of any commercial or communal property, or a minimum sum of $5.
Subregulation 2
A penalty determined in accordance with paragraph (1) shall become due and payable on the day following the expiry of that month when such conservancy and service charges or licence fees or any part thereof is due and payable and will accumulate until payment is made by him.