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No. S 1015

Merchant Shipping
(Wreck Removal) Act 2017

Merchant Shipping
(Wreck Removal) (Compulsory Insurance)
(Amendment No. 2) Regulations 2022

In exercise of the powers conferred by section 31(1) of the Merchant Shipping (Wreck Removal) Act 2017, the Maritime and Port Authority of Singapore, with the approval of the Minister for Transport, makes the following Regulations:

Citation and commencement

1. These Regulations are the Merchant Shipping (Wreck Removal) (Compulsory Insurance) (Amendment No. 2) Regulations 2022 and come into operation on 1 January 2023.

Amendment of regulation 2

2. In regulation 2 of the Merchant Shipping (Wreck Removal) (Compulsory Insurance) Regulations 2017 (G.N. No. S 500/2017) (called in these Regulations the principal Regulations) —

(a)

in the definition of “certificate holder”, replace the full‑stop at the end with a semi‑colon; and

(b)

after the definition of “certificate holder”, insert —

“ “GST” means the goods and services tax chargeable under the Goods and Services Tax Act 1993.”.

Replacement of regulation 5

3. In the principal Regulations, replace regulation 5 with —

“Fees

5.—(1) The fees specified in the second column of the Schedule are payable to the Director in respect of the matters specified opposite in the first column of the Schedule.

(2) Where GST is chargeable in respect of any matter specified in the first column of the Schedule, GST is calculated based on the rate in force the time the matter is supplied.”.

Amendment of regulation 6

4. In regulation 6 of the principal Regulations —

(a)

renumber regulation 6 as regulation 6(1);

(b)

in paragraph (1), replace “The” with “Without affecting paragraph (2), the”; and

(c)

after paragraph (1), insert —

“(2) In respect of the fee for any matter specified in the first column of the Schedule that is chargeable with GST, an amount equivalent to 1% of the fee (exclusive of GST) is waived for the period between 1 January 2023 and 31 December 2023 (both dates inclusive).”.

Amendment of Schedule

5. In the Schedule to the principal Regulations —

(a)	in item 2, in the second column, replace “$30” with “$32.40 (inclusive of GST)”; and
(b)	in item 4, in the second column, replace “$14” with “$15.12 (inclusive of GST)”.

[G.N. No. S 353/2022]

Made on 27 December 2022.

NIAM CHIANG MENG

Chairperson,
Maritime and Port Authority of Singapore.

[MPA 46/02.C26/NWT; AG/LEGIS/SL/180B/2020/1 Vol. 1]