- POSTED: 17 Feb 2014 20:03
Parliament has passed a Bill that will raise the maximum financial penalty for rail incidents or regulatory breaches to 10 per cent of train operators' annual fare revenue for every rail incident.
SINGAPORE: Parliament has passed a Bill that will raise the maximum financial penalty for rail incidents or regulatory breaches.
Under the amended Rapid Transit Systems Bill, train operators can now be fined 10 per cent of their annual fare revenue for every rail incident.
This is up from a cap of S$1 million.
Last year, both train operators SMRT and SBS Transit were fined a total of S$1.1 million for several train disruptions.
SMRT had to pay S$850,000 for four incidents, while SBS Transit was fined S$250,000 for an incident on the North-East Line.
Transport Minister Lui Tuck Yew said authorities will continue to channel penalties paid by the train operators into the Public Transport Fund, which will benefit needy households.
Other changes to the bill include enhancing the Land Transport Authority's ability to develop commuter facilities at MRT stations and giving authorities access to private land for the timely completion of rail construction and improvement works.