Singapore legislation

Clause 2

of Property Tax (Amendment) Bill

Clause 2

Amendment of section 2

Section 2 of the Property Tax Act (referred to in this Act as the principal Act) is amended —

(a)

by inserting, immediately after the definition of “premises” in subsection (1), the following definition:“ “prescribed structural network” means such structural network as the Minister may, by regulations, prescribe;”;

(b)

by inserting, immediately after the definition of “public authority” in subsection (1), the following definition:“ “structural network” means a network (whether closed or otherwise) —

(a)

used for any purpose, including for circulation, distribution, transportation or transmission; and

(b)

comprising —

(i)

railway or rapid transit system lines;

(ii)

pipelines;

(iii)

cables (including those situate within pipelines, ducts or conduits);

(iv)

ducts; or

(v)

any other type of conduit or channel,including the settings and supports thereof and any related machine, apparatus or equipment;”;

(c)

by inserting, immediately after subsection (1), the following subsection:“(1A) For the purposes of this Act, a prescribed structural network shall be deemed to be a tenement, and where different parts of a prescribed structural network are owned by different persons, each of such parts shall be deemed to be a tenement.”; and

(d)

by inserting, immediately after subsection (2), the following subsections:“(2A) Where a prescribed structural network situated in or upon any premises is machinery, subsection (2) shall apply only in relation to that part of the prescribed structural network in or upon any house or building.(2B) Where a person owns one or more of the properties in, upon, under or above which there is any part of a prescribed structural network, as well as the whole or any part of the prescribed structural network, the annual value of those properties and the whole or part of the prescribed structural network (as the case may be) may be assessed together.”.

Clause 2 — Property Tax (Amendment) Bill | laws.sg