Singapore legislation
Regulation 7
Regulation 7
Application for approval to transfer deferred liability
Subregulation 1
An application under section 23(1) of the Act by a taxable person for the approval of the Authority to transfer to another person (called in this regulation the transferee) the whole of the taxable person’s liability to pay any land betterment charge which is reduced by or under a deferment determination (called in this regulation the deferred liability) —
may be made in one of the following ways:
by sending by email to the Authority’s electronic address for service;
in person at the office of the Authority at 55 Newton Road, Taxpayer and Business Service Centre, Level 1, Revenue House, Singapore 307987 during its business hours; and
must be made —
by the taxable person personally; or
on behalf of the taxable person by an agent duly authorised by the taxable person.
Subregulation 2
For the purpose of section 23(2)(c) of the Act, an application by a taxable person for the approval of the Authority to transfer to a transferee the taxable person’s deferred liability must be accompanied by the following information:
the name of the transferee and the transferee’s telephone number and contact address;
where the transferee is not an individual — the Unique Entity Number (UEN) of the transferee;
where the application is made by an agent on behalf of the taxable person — the name of the agent, the agent’s telephone number and contact address and the agent’s authorisation from the taxable person;
the deferred liability to be transferred;
an explanation of why, in the opinion of the transferee, the transferee will satisfy the ground in section 20(2)(a) or (b) of the Act as if the transferee were applying for a deferment determination;
any documents and other evidence of the information mentioned in sub‑paragraphs (a), (b), (c), (d) and (e);
any other information that the Authority specifies it requires to decide the particular application, and documents and other evidence of that other information.
Subregulation 3
However, the Authority may, in any particular case and if satisfied that it is just and equitable, waive any requirement in paragraph (2).