Singapore legislation

Clause 22

of Residential Property Bill

Clause 22

Exemption

(1)

The Minister may, if he considers it to be in the economic interest of Singapore or for any other cause which appears to him necessary or expedient or if in his opinion the circumstances so warrant, from time to time, by regulations or by notification in the Gazette or otherwise, exempt permanently or for such period or periods as he may think fit and subject to such conditions as he may consider necessary, from all or any of the provisions of this Act —

(a)

any person, foreign company, society, association or other organisation or body, or any class, type or category of any of the same; and

(b)

any land or building or any part of any land or building or any class, type or category of buildings.

(2)

For the purposes of paragraph (b) of subsection (1) of this section, the expression

Definition

“building” means any building of whatsoever nature or howsoever described and includes any flat within the meaning of the Land Titles (Strata) Act (Cap. 277), whether or not such building or flat is completed or proposed to be erected.