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Bus Services Industry Act

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This is an old revision of this page, as edited by Sgconlaw (talk | contribs) at 11:27, 28 February 2016 (Smuconlaw moved page Bus Services Industry Act 2015 to Bus Services Industry Act: Stating the year is unnecessary). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Bus Services Industry Act 2015
Parliament of Singapore
  • An Act to regulate the provision of bus services, the operation of bus depots and bus interchanges in Singapore, and to make consequential amendments to certain other Acts.
Enacted byParliament of Singapore
Enacted18 August 2015
Assented to21 August 2015
Commenced22 January 2016
Status: In force

The Bus Services Industry Act 2015 is a statute of the Parliament of Singapore that provide for the Land Transport Authority (LTA) to take over the regulation of the operators of bus services, depots and interchanges from the Public Transport Council (PTC).

Overview

The Bus Services Industry Act caters for the Government owning the buses and allows the Land Transport Authority in responding more expeditiously regarding changes in travel demand.[1] Operators that will be running bus services as contractors can also be removed if they do not meet standards. Routes are tendered to operators to operate, while revenue risk is supposedly being borne by the state.[2]

Uses of the Act

Under the Bus Services Industry Act, the difference between what the Government of Singapore collects in fares and the amounts it pays operators will be covered by subsidies. This may impact fare review mechanism that is pre-existing, in which the public transport operators may be expected to apply for fare changes annually.[2]

See also

  • Public Transport Council (Amendment) Act 2015

References

  1. ^ Fang, Joy. "MPs raise concerns on issues that could affect public bus sector". Today. Retrieved 20 February 2016.
  2. ^ a b Lim, Adrian (22 Jan 2016). "Public Transport Council takes on advisory role to the Transport Minister". Straits Times. Retrieved 20 February 2016.
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