Owner to furnish statement of gross receipts
5.—(1)  The Singapore MRT Ltd shall furnish to the Chief Assessor by the end of June of each year a statement certified by a person qualified for registration as an accountant under the Accountants Act (Cap. 2A) and showing for the preceding year the gross receipts from the operation of the MRT System.
(2)  The Chief Assessor may at any time serve on any person a notice requiring him to furnish within 21 days from the date of notice the total gross receipts referred to in sub-paragraph (d) of the definition of “gross receipts” in paragraph 2.
(3)  Any person who fails to comply with sub-paragraph (1) or (2) without reasonable excuse shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $2,000.