Clause 3

Section 2 of the principal Act is hereby repealed and the following substituted therefor: —“Interpretation

2. In this Act, unless the context otherwise requires —“Chairman” means the Chairman of the Corporation appointed under section 4 of this Act;“common property” means so much of the developed land and all parts of the building as are not comprised in the flats in a building;“Corporation” means the Jurong Town Corporation established under section 3 of this Act;“developed land” means any land of the Corporation upon which a building has been erected;“financial year” means a period of twelve months beginning on the 1st day of April in each year and ending on the 31st day of March in the following year except that for the year 1977 the financial year shall mean the period beginning on the 1st day of January 1977 and ending on the 31st day of March 1978;“flat” means a horizontal stratum of a building or part thereof, whether such stratum is on one or more levels or is partially or wholly below the surface of the ground, which is used or intended to be used as a complete and separate unit for the purpose of human habitation or business or for any other purpose;“lease” includes an agreement for a lease;“officer” includes the Chairman, members and employees of the Corporation;“owner”, when used in relation to real property, includes a person who has purchased a leasehold interest in any property sold by the Corporation and also includes a purchaser under an agreement for lease.”.