Singapore legislation
Regulation 2
Regulation 2
Extra criteria for deferment determination
Subregulation 1
For the purposes of section 20(2)(b) of the Act, a deferment determination deferring payment of any land betterment charge payable by a taxable person in respect of a chargeable consent given in relation to a development or subdivision of, or a controlled activity with respect to, any land may be granted if —
(a)
the taxable person satisfies the criteria in paragraph (2); and
(b)
the land satisfies the criteria in paragraph (3).
Subregulation 2
The taxable person is a public authority.
Subregulation 3
The land is the subject of a sub-lease granted by a public authority from under a State title lawfully granted to the public authority.