Singapore legislation

Clause 3

of Sale of Commercial Properties (Amendment) Bill

Clause 3

Repeal and re-enactment of section 10

Section 10 of the principal Act is repealed and the following substituted therefor: —“Exemptions10.—

(1)

This Act shall not apply to the sale of any commercial property —

(a)

in a building containing, or a building which when erected will contain, not more than four separate units; or

(b)

where the certificate of fitness for occupation has been issued by the Building Authority and the subsidiary strata certificate of title, if applicable, has been issued by the Registrar of Titles in respect of the commercial property.(2) The Minister may, by notification published in the Gazette, exempt any person or commercial property from any of the provisions of this Act or any rules made thereunder, either absolutely or subject to such conditions as he thinks fit.”.

Read in full context — Sale of Commercial Properties (Amendment) Bill →