| COVID-19 (Temporary Measures) Act 2020 |
| COVID-19 (Temporary Measures) (Prescribed Matters for Second Schedule) Regulations 2021 |
|
| Citation and commencement |
| 1. These Regulations are the COVID‑19 (Temporary Measures) (Prescribed Matters for Second Schedule) Regulations 2021 and come into operation on 15 January 2021. |
| Definitions |
2. In these Regulations —
|
| Prescribed amount of annual revenue |
3. For the purposes of paragraph 1(a) of Part 3 of the Second Schedule to the Act, the prescribed amount of annual revenue is $30 million —
|
| Determination of annual revenue |
| Amount of fall in revenue |
5.—(1) For the purposes of paragraph 1(b) of Part 3 of the Second Schedule to the Act, the prescribed amount of the fall is 70% or more, and whether the prescribed amount of the fall is satisfied is determined in accordance with the formula
|
Permanent Secretary, Ministry of Law, Singapore. |
| [LAW 63/009 COVID Relief-V1; AG/LEGIS/SL/65C/2020/21 Vol. 1] |