PAYMENT OF ENTRY LEVY TO SINGAPORE TOTALISATOR BOARD
Payment of entry levy to Board
12.—(1) Subject to paragraph (2), all entry levies collected by a casino operator in any calendar month shall be paid to the Board under section 116(2) of the Act not later than 15 days after the end of that month.
(2) The Board may, in a particular case on the application of a casino operator, extend the time for payment.
(3) The entry levy shall be paid to the Board by an electronic funds transfer from the casino operator’s bank account to a bank account designated by the Board.
(4) All costs incidental to the payment of the entry levy to the Board shall be borne by the casino operator.
Furnishing of returns to Board
13.—(1) Every casino operator shall, in respect of every calendar month, furnish to the Board a return in such form and manner as the Board may require, not later than 7 days after the end of the month (or part thereof) to which the return relates, except that the first return shall relate to the period beginning on the day the casino licence commences and ending on the last day of the month in which the casino licence commences.
(2) Every return furnished under paragraph (1) shall contain the following information:
(a)
the total amount of entry levies collected for that month, specifying the amount comprising entry levies paid under section 116(1)(a) of the Act and the amount comprising entry levies paid under section 116(1)(b) of the Act;
(b)
the amount of any refund of entry levies made by the casino operator under section 117(4) of the Act in that month;
(c)
the amount of any entry levy recovered from the casino operator under section 117(3) of the Act in that month; and
(d)
a statement by an employee authorised by the casino operator that the information in the return is true and accurate.
(3) Any person who ceases to be a casino operator in any calendar month shall, not later than 7 days after so ceasing, furnish to the Board a final return in such form and manner as the Board may require containing the information referred to in paragraph (1) in respect of that part of that month during which that person was a casino operator.
Power to obtain information
14.—(1) The Board may, by notice in writing, request a casino operator to furnish such further information relevant to a return under regulation 13 or the amount of entry levies paid to it as the Board may require.
(2) Any casino operator which has been given a notice under paragraph (1) shall comply with the request in such manner and within such time as the Board may specify in the notice.
Auditor
15.—(1) A casino operator shall engage, at its own expense, an auditor who shall be a public accountant to conduct an audit and make a report in respect of every quarter of a calendar year on the entry levies collected by the casino operator for that quarter.
(2) The auditor engaged under paragraph (1) shall in every such report state whether, in his opinion —
(a)
sufficient controls are in place to ensure that persons who are required to pay the entry levy have done so;
(b)
the amount of entry levies collected by the casino operator has been collected and recorded correctly in accordance with law; and
(c)
the amount of entry levies collected by the casino operator has been paid in full to the Board.
(3) The casino operator shall submit the auditor’s report to the Board not later than 30 days after the end of the quarter to which it relates.
(4) In this regulation, “public accountant” means a person who is registered or deemed to be registered under the Accountants Act (Cap. 2) as a public accountant.
Refund for overpayment of entry levies
16.—(1) Where a refund of money overpaid as entry levy has been directed by the Chief Executive under section 117(4) of the Act, the casino operator shall —
(a)
if money has been overpaid by a resident, refund to the resident the amount so overpaid not later than 14 days after the date of receipt of the direction; and
(b)
set off the amount so refunded against the entry levies payable by the casino operator to the Board for the calendar month in which the refund is made.
(2) Any casino operator or resident wishing to make a claim for a refund of money overpaid as entry levy must submit to the Authority —
(a)
a written application for the refund in the form provided by the Authority for this purpose; and
(b)
such documents and information in support of the claim as the Chief Executive may require to determine the overpaid amount.
(3) Where the Chief Executive rejects a claim, he must notify the claimant accordingly.
