Customs (Rebate on Motor Vehicles Special Tax for Taxis) Regulations 2003

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No. S 264

Customs Act

(Chapter 70)

Customs (Rebate on Motor Vehicles Special Tax for Taxis) Regulations 2003

In exercise of the powers conferred by section 17(3) of the Customs Act, the Minister for Finance hereby makes the following Regulations:

Citation and commencement

1. These Regulations may be cited as the Customs (Rebate on Motor Vehicles Special Tax for Taxis) Regulations 2003 and shall be deemed to have come into operation on 1st May 2003.

Definitions

2. In these Regulations —

“licence” means a licence granted under Part I of the Road Traffic Act (Cap. 276);

“licence fee” means the fee specified in the Ninth Schedule to the Road Traffic (Motor Vehicles, Registration and Licensing) Rules (Cap. 276, R 5) that is payable for the grant or renewal of a licence;

“month” means the period from a day in any month to a day preceding the day corresponding numerically to that day in the following month;

“relevant period” means the period from 1st May 2003 to 31st December 2003 (both dates inclusive);

“special tax” means the special tax chargeable under section 17(1) of the Act.

Rebate on special tax

3.—(1) There shall be a rebate on the special tax payable on a taxi for which a licence is valid, as follows:

(a)	where the licence is valid for a period commencing before 1st May 2003, the rebate shall apply to the period beginning on 1st May 2003 and ending on the date of expiry of the licence or on 31st December 2003, whichever is the earlier; and
(b)	where the licence is valid for a period commencing on or after 1st May 2003, the rebate shall apply to the period beginning on the date of commencement of the licence and ending on the date of expiry of the licence or on 31st December 2003, whichever is the earlier.

(2) The rate of the rebate shall be as follows:

(a)

subject to sub-paragraph (c), for each whole month of the period of the rebate referred to in paragraph (1)(a) or (b), reckoned from the date on which the period of the rebate begins, the rate of the rebate shall be —

$1,000

;

(b)

subject to sub-paragraph (c), for any residual part of the period of the rebate referred to in paragraph (1)(a) or (b) which consists of a part of a month, the rate of the rebate for that residual part shall be calculated on a pro rata basis in accordance with the rate referred to in sub-paragraph (a); and

(c)

if, at any time during any month or part thereof as referred to in sub-paragraph (a) or (b), no licence fee is payable in respect of the taxi on account of the non-user of the taxi under rule 53 of the Road Traffic (Motor Vehicles, Registration and Licensing) Rules (Cap. 276, R 5), the rate of the rebate for that month or part thereof shall be calculated on a pro rata basis in accordance with the rate referred to in sub-paragraph (a) for the period for which the licence fee is payable.

(3) Where the rebate calculated for a period referred to in paragraph (1)(a) or (b) includes a fraction of a dollar, that fraction shall be disregarded.

(4) The rebate shall be off-set against any special tax payable during the relevant period in such manner as the Registrar may allow.

(5) Where the amount of the rebate allowed under this regulation, together with any other rebate allowed under any written law in respect of the special tax, exceeds the amount of special tax payable during the relevant period, the excess rebate shall be forfeited.

Made this 27th day of May 2003.

LIM SIONG GUAN

Permanent Secretary,
Ministry of Finance,
Singapore.

[LTA/KM/L.17.007.00; MF(R) 9.2.02 V5; AG/LEG/SL/70/2002/1 Vol. 3]

(To be presented to Parliament under section 143(2) of the Customs Act).

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