1 minute read
Reinstatement of the MINIMUM SPENDING LEVY (MSL)
The Management Committee has approved the reinstatement of the minimum spending levy (MSL) which has been in abeyance since April 2020 due to the COVID-19 pandemic.
The MSL will be reinstated with effect from 1 April 2023.
Advertisement
What is the minimum food & beverage (F&B) spending amount?
Ordinary, Corporate & Foreign Members
$90 (inclusive of 8% GST) per quarter
Social Members
$45 (inclusive of 8% GST) per quarter
The full amount of $90 or $45 (inclusive of GST) or balance thereof will be billed at the end of each calendar quarter period (e.g. end of June 2023, end of September 2023, etc.) if the required minimum F&B spending amount is not met.
What is the levy amount to be billed to my account if I did not meet the minimum F&B spending amount per quarter?
The levy amount will be determined by the difference between the minimum F&B spending amount as stated above and the actual total F&B spending amount billed to member’s account at the end of each quarter. Please view examples below for ease of reference:
Example 1:
For Ordinary, Corporate & Foreign Members, the minimum F&B spending amount per quarter is $90 including 8% GST
For the quarter of April to June 2023, member has billed a total of $60 F&B spending (including 8% GST) to their account. Hence, the minimum spending levy amount billed to the member’s account at the end of the quarter is $30 (including 8% GST).
Example 2:
For Social Members, the minimum F&B spending amount per quarter is $45 including 8% GST
For the quarter of April to June 2023, member has billed a total of $30 F&B spending (including 8% GST) to their account. Hence, the minimum spending levy amount billed to the member’s account at the end of the quarter is $15 (including 8% GST).
Where does the MSL apply?
A. The MSL applies only to spending at the following Club-operated F&B outlets:
1. Seletar Terrace
2. Seletar Tavern
3. Seletar Pub
4. Eagle’s View Lounge
5. Poolside Café
6. KTV Lounge and Private Room
B. Voucher usage cannot be applied against the MSL.
For more details, please email membership@seletarclub.com.sg or call 6486 0882/4