CAP. 317]
Industrial Training (Construction Industry)
[1981 Ed.
Assessment.
(3) Every notice under subsection (1) or (2) shall state the value of the construction works or stage thereof in respect of which payment was made or the value of the works or stage thereof which have been completed, as the case may be.
(4) Every contractor or authorized person who without reasonable excuse fails to give a notice when required to do so by subsection (1) or (2) shall be guilty of an offence and shall be liable on conviction to a fine of $2,000.
26. (1) On receipt of a notice of payment under section 25(1), the Authority shall assess the amount of levy due from the contractor in respect of the construction works or the stage of the construction works (if the construction works are being undertaken or carried out in stages) to which the payment relates.
(2) Where more than one payment is made or to be made to the contractor in respect of construction works or a stage of the construction works, the assessment under subsection (1) shall be a provisional assessment and a final assessment shall be made on the final payment in respect of the construction works, each stage of the works or all stages of the works, as is appropriate.
(3) On receipt of a notice of completion of construction works or any stage thereof under section 25(2), the Authority shall, if no assessment under subsection (1) or (2) has been made, assess the amount of levy due from the contractor in respect of the construction works or the stage of the construction works.
(4) Where construction works are undertaken or carried out in stages the Authority may make a provisional assessment under subsection (3) on the completion of each stage of the construction works and make a final assessment on the completion of all stages of the construction works.
(5) The Authority may assess the amount of levy due from the contractor in respect of the construction works or stage thereof which have or has been completed notwithstanding that no notice has been given to the Authority under section 25.
(6) Where it appears to the Authority that an assessment of levy has been made at less than the proper amount, then, subject to subsection (9), the Authority may at any time make an additional assessment of levy due from the contractor in respect of construction works or a stage of construction works.
(7) If a contractor fails to give any notice required to be given by him under section 25 and does not give a reasonable excuse therefor within such period as the Authority may allow in any case, the Authority may, in addition to the levy assessed under subsection (5), impose a surcharge on the contractor not exceeding twice the amount of the levy so assessed.
(8) The Authority shall notify the contractor in writing of any assessment of levy or imposition of surcharge.
12
CAP. 317]
Industrial Training (Construction Industry)
[1981 Ed.
Assessment.
(3) Every notice under subsection (1) or (2) shall state the value of the construction works or stage thereof in respect of which payment was made or the value of the works or stage thereof which have been completed, as the case may be.
(4) Every contractor or authorized person who without rea- sonable excuse fails to give a notice when required to do so by subsection (1) or (2) shall be guilty of an offence and shall be liable on conviction to a fine of $2,000.
26. (1) On receipt of a notice of payment under section 25(1), the Authority shall assess the amount of levy due from the contrac- tor in respect of the construction works or the stage of the construc- tion works (if the construction works are being undertaken or carried out in stages) to which the payment relates.
(2) Where more than one payment is made or to be made to the contractor in respect of construction works or a stage of the construction works, the assessment under subsection (1) shall be a provisional assessment and a final assessment shall be made on the final payment in respect of the construction works, each stage of the works or all stages of the works, as is appropriate.
(3) On receipt of a notice of completion of construction works or any stage thereof under section 25(2), the Authority shall, if no assessment under subsection (1) or (2) has been made, assess the amount of levy due from the contractor in respect of the construc- tion works or the stage of the construction works.
(4) Where construction works are undertaken or carried out in stages the Authority may make a provisional assessment under subsection (3) on the completion of each stage of the construction works and make a final assessment on the completion of all stages of the construction works.
(5) The Authority may assess the amount of levy due from the contractor in respect of the construction works or stage thereof which have or has been completed notwithstanding that no notice has been given to the Authority under section 25.
(6) Where it appears to the Authority that an assessment of levy has been made at less than the proper amount, then, subject to subsection (9), the Authority may at any time make an additional assessment of levy due from the contractor in respect of construction works or a stage of construction works.
(7) If a contractor fails to give any notice required to be given by him under section 25 and does not give a reasonable excuse therefor within such period as the Authority may allow in any case, the Authority may, in addition to the levy assessed under subsection (5), impose a surcharge on the contractor not exceeding twice the amount of the levy so assessed.
(8) The Authority shall notify the contractor in writing of any assessment of levy or imposition of surcharge.
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