Singapore legislation

Clause 4

of Stamp Duties (Amendment) Bill

Clause 4

Amendment of section 15A

Section 15A of the principal Act is amended by inserting, immediately after subsection (1), the following subsection:“(1A) Subsection (1) does not apply to an instrument that is executed for the purpose of or in connection with an acquisition of shares in a company, that is chargeable with any duty under section 23.”.