Singapore legislation

Clause 5

of Housing and Development (Amendment) Bill

Clause 5

Repeal and re-enactment of section 29

Section 29 of the principal Act is repealed and the following section substituted therefor:“Power to fix and vary the rent, licence fees and maintenance fees29.—

(1)

The Board may from time to time with the approval of the Minister fix the amount of —

(a)

rent and licence fees payable in respect of any property provided under this Act which is subject to a tenancy or licence agreement; and

(b)

maintenance fees payable in respect of any property provided under this Act.(2) Notwithstanding anything contained in any tenancy or licence agreement or sale and purchase agreement in respect of any property provided under this Act, the Board shall have the power to vary, with the approval of the Minister, the rent, licence fees or maintenance fees fixed under subsection (1).(3) Any variation in the rent, licence fees or maintenance fees made pursuant to subsection (2) shall be published in the Gazette and shall take effect on such date as may be specified therein.”.

Read in full context — Housing and Development (Amendment) Bill →