Singapore legislation
Regulation 9
Regulation 9
Golf course development
Subregulation 1
Except as provided in sub‑paragraph (4), land betterment charge is not payable, to the extent specified in sub‑paragraph (2), for chargeable consent that is given in relation to any land which is the subject of a plot ratio‑silent State lease (of whatever tenure), as a result of which a person is entitled to carry out a development on the land for a golf course.
Subregulation 2
The amount of land betterment charge that is not payable because of the concession in sub‑paragraph (1) must not exceed the amount worked out according to the formula
Subregulation 3
For the purposes of sub-paragraph (2) —
A is the aggregate floor area of 12,000 square metres for each 18‑hole golf course on the land and 6,000 square metres for each 9‑hole golf course on the land;
B is the rate under Use Group A corresponding to the appropriate geographical sector of the land under the Land Betterment Charge (Table of Rates and Valuation Method) Regulations 2022; and
C is the Pre-chargeable Valuation of the land as determined in accordance with the Land Betterment Charge (Table of Rates and Valuation Method) Regulations 2022.
Subregulation 4
To avoid doubt, the concession in this paragraph does not apply with respect to any land betterment charge attributable to a chargeable consent consisting of varying a controlled activity restrictive covenant.