Singapore legislation
Section 29C
Section 29C
Classes of builder’s licences
(1)
A licence may be granted under this Part to a builder authorising the builder —
to carry on the business of a general builder generally, known as a Class 1 general builder’s licence;
to carry on the business of a general builder restricted to contracts or engagements for an estimated final price each of not more than $3 million, or any other amount that the Minister may by order in the Gazette specify in lieu thereof, known as a Class 2 general builder’s licence; or
to carry on the business of a specialist builder specified therein, known as a specialist builder’s licence of that class.
(2)
In this section, any reference to the estimated final price in relation to any building works is a reference to the total fee chargeable at practical completion for the building works, including any goods and services tax payable in relation to the supply of the work, and —
where a number of distinct contracts or engagements to perform building works are entered into in connection with the same building by the same person, the estimated final price is the moneys payable in respect of the performance of all the contracts or engagements in the aggregate, even though some or all of such contracts or engagements taken severally do not exceed the sum specified in subsection (1)(b); and
in any case where the Commissioner is satisfied that the contracts or engagements are substantially in respect of the same undertaking or that they were entered into with a view to evading the provisions of this Act, the estimated final price is the moneys payable in respect of the performance of such of the contracts or engagements in the aggregate as the Commissioner determines.