Singapore legislation

Section 33B

of Stamp Duties Act 1929

Section 33B

Surcharge on adjustments under section 33A

Amended by41/202041/2020

(1)

This section applies to any instrument, or any thing treated as an instrument, that is executed or treated as executed on or after 7 December 2020.

Amended by41/2020

(2)

Where the Commissioner makes any adjustment under section 33A, a surcharge equal to 50% of the amount of —

(a)

the additional duty payable by a person; or

(b)

(where a liability to duty is imposed) the duty payable by a person,as a result of the adjustment is imposed on the person, and is recoverable by the Commissioner from the person as a debt due to the Government.

Amended by41/2020