7. Prohibition of transfers of housing accommodation

Terms defined in s 2

• executive condominium scheme

  executive condominium scheme

  Defined · s 2

  “executive condominium scheme” means the housing scheme established by the Minister under section 3(1);

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• housing accommodation

  housing accommodation

  Defined · s 2

  “housing accommodation” means a horizontal stratum of the whole or part of a building, whether such stratum is on one or more levels or is partially or wholly below the surface of the ground, which is wholly constructed, adapted or intended for human habitation;

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• minimum occupation period

  minimum occupation period

  Defined · s 2

  “minimum occupation period”, in relation to any housing accommodation under the executive condominium scheme, means a period of 5 years starting from the date of issue of the temporary occupation permit in respect of the housing accommodation;

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• temporary occupation permit

  temporary occupation permit

  Defined · s 2

  “temporary occupation permit” means a permit issued under section 12 of the Building Control Act 1989;

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• transfer

  transfer

  Defined · s 2

  “transfer” includes a conveyance, sale, assignment, settlement, declaration of trust, assent, disposition of whatever nature, the vesting of any estate or interest in any housing accommodation by an instrument or under a vesting order of court and every instrument capable of vesting any estate or interest in any housing accommodation upon registration of such instrument by the Registrar of Titles, but does not include a mortgage, charge or reconveyance.

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