Singapore legislation

Clause 6

of Property Tax (Amendment) Bill

Clause 6

Amendment of section 16

Section 16 of the Ordinance is hereby amended —

(a)

by deleting the words “purchaser or transferee” appearing in the fourth and fifth lines of subsection (1) thereof and substituting therefor the words “vendor or transferor”;

(b)

by inserting immediately after subsection (7) thereof the following new subsection: —“(8) Whenever the rent of any property let is increased, the owner of such property shall, within fifteen days of such increase, give notice thereof in writing to the Chief Assessor.”;

(c)

by re-numbering the existing subsection (8) thereof as subsection (9) and by deleting the word “building” appearing in the first and second lines of that subsection and substituting therefor in each case the word “property”;

(d)

by re-numbering subsection (9) thereof as subsection (10) and by deleting the words “five hundred” appearing in the last line of that subsection and substituting therefor the words “five thousand”.