Singapore legislation
Section 21
Section 21
Surrender of State lease with a view to grant of new State lease
(1)
A State lease (called in this section the original State lease) may be surrendered, whether before or after 4 August 1995, with a view to accepting a new State lease in place of the original State lease, without a surrender of any sublease derived out of the original State lease.
(2)
A new State lease may be granted and accepted, in place of any original State lease so surrendered, without any such surrender of a sublease specified in subsection (1), and the new State lease operates as if all subleases derived out of the original State lease had been surrendered before the surrender of the original State lease was effected.
(3)
The lessee under the new State lease and any person deriving title under the lessee is entitled to the same rights and remedies in respect of the rent reserved by and the covenants, agreements and conditions contained in any sublease as if the original State lease had not been surrendered but was or remained vested in the lessee.
(4)
Each sublessee and any person deriving title under the sublessee is entitled to hold and enjoy the land comprised in the sublease (subject to the payment of any rent reserved by and to observance of the covenants and conditions contained in the sublease) as if the original State lease out of which the sublease was derived had not been surrendered.
(5)
The Government in granting the new State lease is entitled to the same remedies, by distress or entry in and upon the land comprised in any such sublease for rent reserved by or for breach of any covenant, agreement or condition contained in the new State lease (so far only as the rents reserved by or the covenants, agreements or conditions contained in the new State lease do not exceed or impose greater burdens than those reserved by or contained in the original State lease out of which the sublease is derived) as the Government would have if —
the original State lease had not been surrendered; or
a new sublease derived out of the new State lease had been granted to the sublessee or a person deriving title under the sublessee,as the case may be.
(6)
For the purposes of subsection (5), the imposition of any covenant restricting the use or development of land comprised in a new State lease is not to be regarded as imposing a greater burden than those covenants contained in the original State lease.
(7)
This section does not affect the powers of the court to give relief against forfeiture.[13A