Clause 4

by deleting paragraph (a) of subsection (8) and substituting the following paragraph:“(a)the consideration or value (whichever is applicable) on which the duty is based, shall be reduced by such amount as the Commissioner considers to be attributable to such part of the specified immovable property that is permitted to be used under the Master Plan or the Planning Act (Cap. 232) (as the case may be) for a purpose that is not a prescribed purpose; and”; (b)by deleting sub-paragraph (i) of subsection (13)(b) and substituting the following sub-paragraph:“(i)that is either —

zoned in the Master Plan in a manner specified in the section 22A Order; or

permitted under the Planning Act for use for a purpose specified in the section 22A Order; and”;

by deleting the word “and” at the end of subsection (13)(e); and

by deleting paragraph (f) of subsection (13) and substituting the following paragraphs:“(f)a reference to a person acquiring any property includes a reference to a situation where —

subsequent to his acquisition of the immovable property, being such vacant land or land with one or more buildings thereon as may be prescribed, the land is zoned in the Master Plan in a prescribed manner, or any building or part thereof on the land is permitted under the Planning Act to be used for a prescribed purpose, whichever is specified in the section 22A Order in respect of that immovable property; or

subsequent to his acquisition of any part of a building, the part is permitted under the Planning Act to be used for a prescribed purpose,and (unless the section 22A Order specifies otherwise) the time at which the acquisition is made shall be the time when the zoning in the Master Plan is altered in such manner or when the permission under that Act is granted, as the case may be; and

a reference to a purpose permitted by the Planning Act is a reference to —

a purpose permitted by a written permission given under section 14(4) of that Act, other than one that is given for a period of 10 years or less;

a purpose authorised by a notification under section 21(6) of that Act; or

such other purpose as may be prescribed.”.