1981 Ed.]
Industrial Training (Construction Industry)
[CAP. 317
11
(d) the equipment used in the construction works;
(e) such overhead costs as may be considered reasonable;
(f) the reasonable profit to be expected on the open market in
respect of the performance of such construction works;
(g) any other factors that may be prescribed.
(2) In the case of any construction works to be undertaken or carried out in stages the total value of all stages of the construction works shall be the value of the construction works for the purposes of subsection (1).
Contractor and authorized
person to notify Authority when undertaking construction
works. 60 of 198253
24. (1) Within 14 days after any construction works have begun or such further time as the Authority may in any case allow-
(a) the contractor carrying out the construction works; and (b) the authorized person appointed in connexion with the
construction works,
such form
form as the Authority may shall each give notice to the Authority in the prescribed form that he is such a contractor carrying out construction works or authorized person appointed in connexion with construction works, as the case may be.
(1A) Subsection (1) shall not apply in respect of any construc-tion works the estimated value of which would render those works not liable to the levy as a result of a resolution under section 22. (Added, 64 of 1976, s. 2)
(2) Every notice under subsection (1) shall state the estimated value of the construction works.
(3) Every contractor or authorized person who, without rea-sonable excuse, fails to give a notice when required to do so by subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine of $1,000.
25. (1) Where a payment or an interim payment is made to a contractor or for his benefit in respect of any construction works, the contractor shall, within 14 days after the payment is made or such further time as the Authority may in any case allow, give notice of it to the Authority in the prescribed form the Authority may
Specif
(2) Not later than 14 days, or such further time as the Authority may in any case allow, after the completion of any construction works, or of any stage of the construction works (if the construction works are being undertaken or carried out in stages), the contractor and the authorized person appointed in respect of the construction works shall each give notice of such completion to the Authority in the prescribed form.
Specify
60 of 198253
Notice by contractor and authorized person of payments made
in respect of works etc. and of completion.
the Authority may specify
(2A) Subsections (1) and (2) shall not apply in respect of any construction works which are not liable to the levy as a result of a resolution under section 22. (Added, 64 of 1976, s. 3)
Ec of 198254
1981 Ed.]
Industrial Training (Construction Industry)
[CAP. 317
11
(d) the equipment used in the construction works;
(e) such overhead costs as may be considered reasonable;
(f) the reasonable profit to be expected on the open market in
respect of the performance of such construction works;
(g) any other factors that may be prescribed.
(2) In the case of any construction works to be undertaken or carried out in stages the total value of all stages of the construction works shall be the value of the construction works for the purposes of subsection (1).
Contractor and authorized
person to notify Authority when undertaking construction
works. 60 of 193253
24. (1) Within 14 days after any construction works have begun or such further time as the Authority may in any case allow-
(a) the contractor carrying out the construction works; and (b) the authorized person appointed in connexion with the
construction works,
such form
form as the Authority may shall each give notice to the Authority in the prescribed form that he is such a contractor carrying out construction works or authorized person appointed in connexion with construction works, as the case may be.
(1A) Subsection (1) shall not apply in respect of any construc- tion works the estimated value of which would render those works not liable to the levy as a result of a resolution under section 22. (Added, 64 of 1976, s. 2)
(2) Every notice under subsection (1) shall state the estimated value of the construction works.
(3) Every contractor or authorized person who, without rea- sonable excuse, fails to give a notice when required to do so by subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine of $1,000.
25. (1) Where a payment or an interim payment is made to a contractor or for his benefit in respect of any construction works. the contractor shall, within 14 days after the payment is made or such further time as the Authority may in any case allow, give notice of it to the Authority in the prescribed form the Authority may
Specif
(2) Not later than 14 days, or such further time as the Authority may in any case allow, after the completion of any construction works, or of any stage of the construction works (if the construction works are being undertaken or carried out in stages). the contractor and the authorized person appointed in respect of the construction works shall each give notice of such completion to the Authority in the prescribed form.
Specify
60 of 198253
Notice by contractor and authorized person of payments made
in respect of works etc. and of completion.
the Authority may specify
(2A) Subsections (1) and (2) shall not apply in respect of any construction works which are not liable to the levy as a result of a resolution under section 22. (Added, 64 of 1976, s. 3)
Ec of 198254
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