Skills Development Levy Act

(CHAPTER 306)

(Original Enactment: Act 30 of 1979)

REVISED EDITION 2012

(31st May 2012)

An Act to impose a skills development levy on employers and for the establishment of a Skills Development Fund and for purposes connected therewith.

[1st October 1979]

PART I

PRELIMINARY

Short title

1. This Act may be cited as the Skills Development Levy Act.

Interpretation

2. In this Act, unless the context otherwise requires —

“Agency” means the SkillsFuture Singapore Agency established by section 3 of the SkillsFuture Singapore Agency Act 2016;

[Act 24 of 2016 wef 03/10/2016]

“company” —

(a)	has the meaning given by section 4(1) of the Companies Act (Cap. 50); and
(b)	includes a foreign company within the meaning of that Act; [S 461/2020 wef 15/06/2020]

“employee”, in relation to a month, means an employee rendering in that month services wholly or partly in Singapore and an employee who is on leave during that month where such leave is attributable to services rendered wholly or partly in Singapore in any previous month, but does not include any domestic servant, gardener or chauffeur, wholly and exclusively employed by an individual otherwise than in connection with his trade, business, profession or vocation;

“employer” means any person who pays or is liable to pay any remuneration to an employee;

“Fund” means the Skills Development Fund established under section 5;

“remuneration” means any wages, salary, commission, bonuses, allowances (including a housing allowance or other like allowance) or other emoluments paid in cash by or on behalf of an employer to an employee, and includes any leave pay;

“skills development levy” or “levy” means skills development levy imposed by this Act;

[19/91; 1/96; 14/2003]

“sub-fund”, “umbrella VCC” and “variable capital company” have the meanings given by section 2(1) of the VCC Act;

[S 461/2020 wef 15/06/2020]

“VCC Act” means the Variable Capital Companies Act 2018 (Act 44 of 2018).

[S 461/2020 wef 15/06/2020]

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