Singapore legislation
Clause 3
Clause 3
Amendment of section 59
Section 59 of the principal Act is amended —
(a)
by deleting the words “and the date on which the instrument will be lodged, or the date the rescission is to take effect, not being a date earlier than 28 days after the date of the service of the notice” in subsection (5); and
(b)
by inserting, immediately after subsection (5), the following subsection:“(5A) The Board must not proceed to lodge an instrument of vesting under subsection (2) or (3), or rescind an agreement for a lease under subsection (4), until the expiry of a period of 28 days after the service of the notice mentioned in subsection (5).”.