Clause 20

by deleting the words “THE SCHEDULE” in the 1st line and substituting the words “FIRST SCHEDULE”;

by deleting the Schedule reference and substituting the following Schedule reference:“Sections 84A(3), (4), (7C), (13) and (14), 84D(3), 84E(4) and (5) and 84FA(3) and (4)”;

by deleting the words “OR 84E” in the Schedule heading and substituting the words “, 84E OR 84FA”;

by inserting, immediately after the words “section 84A(1)” in paragraph 1, the words “or 84FA(2)”;

by inserting, immediately after the words “section 84A” in paragraph 1(a)(i), the words “or 84FA”;

by deleting sub-paragraph (b) of paragraph 1 and substituting the following sub-paragraph:“(b)affix to a conspicuous part of each building comprised in the strata title plan or the development to which section 84D or 84E applies, as the case may be, a notice in the 4 official languages specifying —

the number of lots and number of subsidiary proprietors or the number of flats and number of proprietors, as the case may be, who, immediately before the date of the notice, have signed the collective sale agreement; and

the proportion (in percentage) that the total share value and the total area of the lots as shown in the subsidiary strata certificates of title of such subsidiary proprietors’ lots bear to the total share value and total area of all lots comprised in that strata title plan, or the total share or total notional share of the land and total area of the flats of such proprietors bear to the total share or notional share of all proprietors and total area of all the flats in that land and the development concerned, as the case may be,within 4 weeks after the start of the permitted time and thereafter at intervals of not more than 4 weeks from the date of the last notice under this sub-paragraph;”;

by deleting sub-paragraph (c) of paragraph 1 and substituting the following sub-paragraph:“(c)ensure that the notice in sub-paragraph (b) does not include any subsidiary proprietor who has served or is entitled to serve a notice of rescission under paragraph 1E and that the notice in that sub-paragraph is certified by the advocate and solicitor appointed by the collective sale committee to be accurate;”;

by deleting the words “or on all proprietors of all flats in the development concerned, as the case may be, by registered post and by placing a copy of the proposed application under the main door of every lot or flat, together with a copy each of the following” in paragraph 1(e) and substituting the words “and, if applicable, on the subsidiary proprietors in reversion of the leasehold estate in the lots, or on all the proprietors of all flats in the development concerned, as the case may be, by registered post enclosing a copy each of the following documents”;

by deleting sub-paragraph (iv) of paragraph 1(e);

by deleting sub-paragraph (vi) of paragraph 1(e) and substituting the following sub-paragraph:“(vi)a valuation report from an independent valuer on the value of the development as at the date of the close of the public tender or auction; and”;

by deleting the words “a valuer” in paragraph 1(e)(vii) and substituting the words “an independent valuer”;

by deleting the word “and” at the end of paragraph 1(e);

by inserting, immediately after sub-paragraph (e) of paragraph 1, the following sub-paragraphs:“(ea)place a notice in the mail boxes of all the subsidiary proprietors of all the lots and common property in the strata title plan concerned or all proprietors of all the flats in the development concerned, as the case may be, notifying them of the proposed application, the notice sent under sub-paragraph (e) and the address to which it was sent, and that copies of the documents in that sub-paragraph may also be obtained from the marketing agent or the collective sale committee;

by inserting, immediately after the words “sub-paragraph (e)” in paragraph 1(f), the words “, without the enclosed documents,”;

by deleting the words “or 84E(3)” in paragraph 1A(a) and substituting the words “, 84E(3) or 84FA(2)”;

by inserting, immediately after paragraph 1A, the following paragraphs:“1B. The collective sale committee shall provide a preface to the collective sale agreement stating the clause numbers and page numbers in which the following information are found:

the reserve price for the development;

the apportionment method for the proceeds of sale;

the fees payable to the advocate and solicitor, marketing agent and other person involved in handling the collective sale;

the amount of the compensation fund, if any; (e)the person entitled to any interest derived from moneys held by any stakeholder; and

the date of delivery of vacant possession of the lot or flat.1C. The collective sale agreement shall be signed by the subsidiary proprietor, and, if signed in Singapore, in the presence of an advocate and solicitor who has a valid practising certificate appointed by the collective sale committee.1D. The collective sale agreement shall be accompanied by a notice, in the prescribed form, that may be used by the subsidiary proprietor to rescind his agreement to be a party to the collective sale agreement.1E. A subsidiary proprietor may rescind his agreement to be a party to the collective sale agreement by serving a notice of rescission referred to in paragraph 1D within the cooling-off period which shall be a period of 5 days (excluding any day which is a Saturday, Sunday or public holiday) after the day on which the collective sale agreement was signed by him.1F. The notice of rescission shall be signed by the subsidiary proprietor and shall be served personally on the advocate and solicitor appointed by the collective sale committee before 5 p.m. on the last day of the cooling-off period.1G. A subsidiary proprietor shall not be entitled to serve a notice of rescission more than once for the same collective sale agreement.”;

by deleting the words “an affected party” in paragraph 2 and substituting the words “the affected parties”;

by deleting the words “Registry of Titles” in paragraph 2(b) and substituting the words “Land Titles Registry”;

by deleting sub-paragraph (c) of paragraph 2 and substituting the following sub-paragraph:“(c)where the party is a mortgagee, chargee or other person with an estate and interest in the lot or flat whose interest is notified on the land-register or a subsidiary proprietor in reversion of the leasehold estate in a lot, his mortgagee, chargee or other person with an estate or interest in the lot and whose interest is notified on the subsidiary strata land-register, at the address on the strata roll or last recorded address at the Land Titles Registry or Registry of Deeds, as the case may be, provided that where such mortgagee, chargee, subsidiary proprietor in reversion or other person has an estate or interest in more than one lot or flat whose interest is notified on the land-register or subsidiary strata land-register, a single notice referring to the affected lots or flats and their respective subsidiary proprietors or proprietors shall suffice; and”;

by deleting sub-paragraphs (b) and (c) of paragraph 3;

by inserting, immediately after the words “section 84A(1)” in the 2nd line of paragraph 4, the words “or 84FA(2)”;

by inserting, immediately before the words “collective sale” in paragraph 4(b)(ii), the word “the”;

by deleting the words “or 84E(3)” in paragraph 4(b)(ii) and substituting the words “, 84E(3) or 84FA(2)”;

by deleting sub-paragraph (c) of paragraph 4 and substituting the following sub-paragraph:“(c)a list of the names of the subsidiary proprietors or proprietors who have not agreed in writing to the sale, their mortgagees, chargees, the subsidiary proprietors in reversion of the leasehold estate in the lots and other persons (other than lessees) with an estate or interest in the lots or flats whose interests are notified on the land-register or subsidiary strata land-register; and”;

by inserting, immediately after the words “section 84A(1)” in paragraph 6, the words “or 84FA(2)”;

by inserting, immediately after the words “subsidiary proprietors” in paragraph 7, the words “or proprietors”;