Singapore legislation
Clause 23
Clause 23
Refund of deposit when building operations are not commenced
(1)
Any person who has made a deposit under section 20(6), and who subsequently decides not to proceed with the erection of any building, without having commenced any building operations, may give notice in writing to the Authority of, his intention not to proceed with the erection of the building.
(2)
The Authority shall, on an application in writing by a person who has given such a notice, refund the deposit or part thereof as it may determine, after the cancellation of the approved plan by the Building Authority.