Singapore legislation

Clause 10

of Building Maintenance and Strata Management Bill 2004

Clause 10

Application of this Part and meaning of “sale”

(1)

This Part shall apply only to any development (including any staged development) for which planning permission is granted (whether before, on or after the date of commencement of this Part) for strata subdivision after completion of any building comprised in the development.

(2)

For the purposes of this Part and Part V, an owner developer shall be deemed to have sold a lot or proposed lot in his development if —

(a)

by an agreement in writing, conditional or otherwise (but not an agreement referred to in section 13), he has agreed to convey, transfer, assign or otherwise dispose of his estate or interest in the lot or proposed lot to another person for valuable consideration or otherwise; or

(b)

by any deed or instrument (but not a deed or an instrument referred to in section 13), he has conveyed, transferred, assigned or otherwise disposed of his estate or interest in the lot or proposed lot.

Read in full context — Building Maintenance and Strata Management Bill 2004 →