Singapore legislation
Clause 8
Clause 8
Amendment of section 26A
In the principal Act, in section 26A —
in subsection (4), replace the definition of “new venture” with —“ “new venture”, in relation to any person, means —
any new business activity or any premises of the person; or
any expansion of any existing business activity or any premises of the person,where —
the new business activity or premises or expansion of the existing business activity or premises will be a prescribed business activity or premises; and (d)either of the following applies:
as at 1 January 2018, the person has not applied to the competent authority for planning permission under the Planning Act 1998 for the new business activity or premises or expansion of the existing business activity or premises;
as at 1 December 2025, the new business activity or premises or expansion of the existing business activity or premises is not one that is authorised by the Minister charged with the responsibility for national development under section 21(6) of the Planning Act 1998;”; and
after subsection (4), insert —“(5) To avoid doubt, nothing in this section applies to any new business activity or premises or any expansion of any existing business activity or premises that is authorised by the Minister charged with the responsibility for national development under section 21(6) of the Planning Act 1998 before 1 December 2025.”.