PART 5 | 20. The Authority may, with the approval of the Minister, raise capital from banks and other financial institutions whether in Singapore or elsewhere by way of mortgage, overdraft or otherwise, with or without security, as it may require for the discharge of its functions under this Act. |
20A. As a consequence of —| (a) | the vesting of any property, rights or liabilities of the Government in the Authority under this Act; or | | (b) | any capital injection or other investment by the Government in the Authority in accordance with any written law, |
| the Authority must issue such shares or other securities to the Minister for Finance as that Minister may direct. |
[5/2002] |
| Duty of Authority in financial matters |
| 21. It is the duty of the Authority to exercise and perform its functions under this Act so as to secure that the total revenues of the Authority are sufficient, taking one financial year with another, to meet its total outgoings properly chargeable to revenue account, including depreciation and interest on capital and to meet a reasonable proportion of the cost of the development of the services of the Authority. |
22.—(1) The revenue of the Authority for any financial year must be applied in defraying the following charges:| (a) | the remuneration, fees and allowances of the members of the Authority; | | (b) | the salaries, fees, remuneration, pensions, superannuation allowances and gratuities of the officers, agents, employees, advisers and former employees of the Authority; | | (c) | working and establishment expenses and expenditure on, or provision for, the maintenance of any of the property of the Authority, and the discharge of the functions of the Authority properly chargeable to revenue account; | | (d) | interest on any loan raised by the Authority; | | (e) | sums required to be paid to the Government towards repayment of any loan made by the Government to the Authority; | | (f) | sums required to be transferred to a sinking fund or otherwise set aside for the purpose of making provision for the repayment of borrowed money; | | (g) | such sums as may be deemed appropriate to be set aside in respect of depreciation or renewal of the property of the Authority, having regard to the amounts set aside out of revenue under paragraphs (c) and (f); | | (h) | the cost, or any portion of the cost, of any new works, plants, vessels, vehicles, machinery, equipment or appliances not being a renewal of the property of the Authority, which the Authority may determine to charge to revenue; | | (i) | such sums by way of contribution, for the purposes associated with the objects of this Act as the Authority may determine, to the public or for charities; and | | (j) | any other expenditure authorised by the Authority and properly chargeable to revenue account. |
| (2) The balance of the revenue of the Authority must be applied to the creation of a general reserve and any other reserves that the Authority may think fit. |
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| 23. A summary of the annual estimates and supplementary estimates adopted by the Authority must be published in the Gazette. |
| Bank accounts and application of revenue |
| 24. The Authority must open and maintain one or more accounts with such bank or banks as the Authority thinks fit and every such account must be operated as far as practicable by cheque signed by such person or persons authorised to do so by the Authority. |
| 25. The Authority may invest its moneys in accordance with the standard investment power of statutory bodies as defined in section 33A of the Interpretation Act 1965. [45/2004] |
| 26. The financial year of the Authority begins on 1 January of each year and ends on 31 December of the same year. [5/2018] |
| Rates, charges, dues, etc., payable to Authority |
27.—(1) Subject to the provisions of this Act, the Authority may levy such rates, charges and fees as the Authority may, with the approval of the Minister and by notification in the Gazette, prescribe for the use of services and facilities provided by the Authority.(1A) Where any fee is prescribed under subsection (1) for the use of a deposit site described in section 79(11A) —| (a) | the fee may take into account the cost of any of the matters specified in the Fourth Schedule, and may further be of an amount to encourage the deposit of objects and materials appropriately and responsibly, and in a sustainable manner; | | (b) | different fees may be prescribed in relation to different objects or materials being deposited at different deposit sites; | | (c) | the amount of the fee may be prescribed on a per unit volume basis; and | | (d) | for the purposes of calculating the fee, the quantity or volume of objects or materials being deposited may be determined by the Authority in such manner as it thinks fit. |
[Act 17 of 2025 wef 01/02/2026] |
| (2) The Authority may make such charges as it thinks fit for services or facilities provided or goods supplied by it pursuant to the power conferred by this Act or any other written law in respect of which no rates, charges or fees have been prescribed under subsection (1). |
| (3) The Authority may require any person to furnish any security that the Authority thinks fit for the payment of any rates, charges, dues and fees payable under this Act or for any other purpose of this Act. |
| (4) The Authority may determine the fees to be paid in respect of the issue or renewal of any licence or permit issued under this Act or the regulations. |
| (5) The Authority may, if it thinks fit, remit or waive the whole or any part of any rates, charges, dues and fees paid or payable under this Act. |
| (6) The owner, agent or master of every vessel which calls at the port of Singapore must pay to the Authority or any person authorised by the Authority such maritime welfare fee as the Authority may, with the approval of the Minister and by notification in the Gazette, prescribe. |
| (7) The owner, agent or master of every vessel which enters, leaves, uses or plies within the port or calls at Singapore must pay to the Authority such port dues and pilotage dues as the Authority may, with the approval of the Minister and by notification in the Gazette, prescribe. |
| (8) The Authority may, with the approval of the Minister and by notification in the Gazette, levy such goods dues as are prescribed on goods brought into or taken out of such private wharf or premises (by any means of transportation) as may be specified in the notification. |
(9) Goods dues must be paid by —| (a) | the owner or occupier of the wharf or premises; | | (b) | the owner of the vehicle or vessel used in the carriage of the goods into or out of the wharf or premises or otherwise; or | | (c) | any other person authorised to act as agent for the owner of the vehicle or vessel in the carriage of such goods into or out of the wharf or premises or otherwise. |
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| (10) The Authority may recover the goods dues from any of the persons mentioned in subsection (9). |
| (11) A due, charge, fee or rate exigible by virtue of this section may be recovered by the Authority in any court of competent jurisdiction as if it were a simple contract debt. |
(12) Maritime welfare fees under this section are not payable in respect of —| (a) | any ship of war; | | (b) | any vessel belonging to or for the time being in the service or employment of the Government unless the vessel is carrying or habitually carries goods or passengers for freight or fares; and | | (c) | any vessel or class of vessels which has been exempted from the operation of this section by the Minister. |
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| (13) The rates, charges, dues and fees applied by the Marine Department, the National Maritime Board or the Port of Singapore Authority immediately before 2 February 1996 continue to be valid as though determined by the Authority under this section until rescinded, varied or otherwise determined by the Authority. |
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| Power of entry into vessels |
28.—(1) Any duly authorised officer of the Authority may enter into any vessel within the limits of the port or the approaches to the port in order to ascertain the amount of the rates, charges, dues and fees payable in respect of the vessel or on or in respect of any goods carried on the vessel and to obtain any other information required for, or in connection with, the assessment and collection of the rates, charges, dues and fees.| (2) A master of a vessel who fails to comply with a reasonable request made by an authorised officer who has entered the vessel pursuant to subsection (1) for information or for the production of a document shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $5,000 and, in the case of a continuing offence, to a further fine not exceeding $500 for every day or part of a day during which the master continues to fail to comply with the request. |
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| Power to distrain for non-payment of dues, rates, etc. |
29.—(1) If the master or owner of any vessel in respect of which any rates, charges, dues, fees, damages or penalties or other sums are payable under this Act or the regulations refuses or neglects to pay the same or any part thereof on demand, the Authority may, in addition to any other remedy which it may be entitled to use, distrain or arrest of its own authority the vessel and the bunkers, tackle, apparel or furniture belonging to the vessel or any part thereof, and detain the same until the amount due is paid.| (2) If any part of the rates, charges, dues, fees, damages or penalties or other sums, or of the costs of the distraint or arrest, or of the keeping of the vessel, bunkers, tackle, apparel or furniture belonging to the vessel remains unpaid for 14 days, the Authority may cause the vessel and the bunkers, tackle, apparel or furniture so distrained or arrested to be sold or disposed of in any manner that it thinks fit and may recover, as a debt in any court of competent jurisdiction from the master or owner of the vessel, the expenses of the distraint, arrest, sale or disposal or attempted sale or disposal of the vessel and the bunkers, tackle, apparel or furniture distrained or arrested. |
| (3) The proceeds of sale of the vessel and bunkers, tackle, apparel or furniture distrained or arrested may be used by the Authority to satisfy those rates, charges, dues, fees, damages or penalties or other sums and costs, including costs of sale remaining unpaid. |
(4) The Authority must —| (a) | render the surplus (if any) from the proceeds of sale to the master or owner of the vessel on demand; and | | (b) | in case no demand is made within one year from the date of the disposal of the vessel and bunkers, tackle, apparel or furniture, pay the surplus to the account of the Authority, upon which all rights to the same by the master or owner are extinguished. |
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| (5) If the Authority gives to the Port Master a notice stating that an amount specified in the notice is due in respect of rates, charges, dues, fees, damages or penalties or other sums payable under this Act or the regulations against the vessel or the owner, agent or master of the vessel, the Port Master must not grant port clearance until the amount so chargeable has been paid or security has been given to the satisfaction of the Authority for that amount. |
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