PTC meaning in Governmental ?

The Public Transport Council (abbreviation: PTC) is an independent regulatory statutory board under the Ministry of Transport of the Singapore Government established on 14 August 1987 by the Public Transport Council Act of 1987.

PTC regulates the public bus and rapid transit network in areas such as fares and service standards. PTC is also authorised to issue and do amendments to bus service licences, and advises the Ministry of Transport on areas such as conditions on licensees and imposing of penalties on non-complying licensees.

As announced by Transport Minister Khaw Boon Wan, PTC will no longer be issuing penalties and fines despite multiple major breakdowns on the MRT system: "If you ask me, my preference is not to go back to this old system of penalties and fines because it created a very adversarial relationship between the regulator and the operator". It is not known how the PTC is going to maintain service standards without imposing any penalties.

The council is led by a chairman, currently Mr Richard Magnus, who was formerly a board director of the Land Transport Authority; and currently the representative of Singapore to the ASEAN Inter-Governmental Commission on Human Rights, vice-chairman of UNESCO's International Bioethics Committee and a member of the Public Service Commission.