Singapore legislation
Clause 35
Clause 35
Principles of development charge
(1)
Subject to the provisions of this Act, there shall be paid to the competent authority a tax known as a development charge in respect of every development of land authorised by any planning or conservation permission.
(2)
Subject to section 39, any development charge payable in respect of any development of land shall be the difference between the Development Baseline and the Development Ceiling for that land.
(3)
Development Baseline and Development Ceiling have the meanings assigned to them under section 36 and shall be calculated in accordance with the prescribed method and rates.