Periodic fee
7.—(1)  A registered provider must pay to the Authority a periodic fee for an accounting period in respect of the following matters that the Authority does during the accounting period:
(a)auditing the registered provider’s operation, monitoring and supervision of the registered provider’s third‑party taxi booking services to assess whether the registered provider is providing safe, reliable and efficient third‑party taxi booking services;
(b)monitoring and analysing data obtained from the registered provider’s provision of third‑party taxi booking services to assess whether such third‑party taxi booking services are responsive to the demand for taxi services in Singapore;
(c)evaluating compliance by the registered provider with the conditions of registration, codes of practice, directions and compliance orders applicable to the registered provider under the Act, which the Authority may consider as a relevant matter under section 10(d) of the Act.
(2)  The periodic fee payable by a registered provider for an accounting period is equal to 0.3% of the gross revenue of the registered provider for the accounting period.
[S 707/2016 wef 30/12/2016]
[S 802/2017 wef 30/12/2017]
(3)  A registered provider must pay the periodic fee for an accounting period to the Authority —
(a)where an external auditor has, within 6 months after the last date of the accounting period, audited the registered provider’s accounts for the accounting period and furnished the audited accounts to the registered provider, within one month after the date the audited accounts are so furnished; or
(b)in any other case, within 6 months after the last date of the accounting period.