It is to be noted that subsection 58(3) of the Temporary Measures Act exempts the relevant authorities from liability for any damages in respect of any failure to perform their statutory duty or obligations within the time stipulated in the Relevant Acts.
It is also interesting to note that a conspicuous omission from the list of the Relevant Acts, which are those that come within the purview of the Minister of Finance, is the Income Tax Act 1967.
Alert prepared by Phua Pao Yii (Partner) of the Corporate Practice of Skrine