Singapore legislation

Section 12

of Residential Property Act 1976

Section 12

Registrar may refuse to register instrument of transfer in favour of Singapore company

The Registrar may refuse to register an instrument of transfer of an estate or interest in any residential property that is not non‑restricted residential property in favour of a Singapore company unless he or she is satisfied that —

(a)

all the directors of the company are citizens; and

(b)

all the members of the company are either citizens, Singapore limited liability partnerships or Singapore companies.

Read in full context — Residential Property Act 1976 →