30. Share values

Terms defined in s 3

• accessory lot

  accessory lot

  Defined · s 3

  “accessory lot” means a lot intended for separate proprietorship and use with any other specified lot or lots for any purpose;

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• building

  building

  Defined · s 3

  “building” includes —(a)any building partially completed;(b)where applicable, any building to be erected within a stratum shown or specified in any strata subdivision plan submitted to the relevant authority for approval; or(c)any building to be erected which is authorised for strata subdivision under a notification made by the Minister under section 21(6) of the Planning Act 1998;

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• Commissioner

  Commissioner

  Defined · s 3

  “Commissioner” means the Commissioner of Buildings appointed under section 3 of the Building Maintenance and Strata Management Act 2004;

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• common property

  common property

  Defined · s 3

  “common property”, subject to subsection (2), means —(a)in relation to any land and building comprised or to be comprised in a strata title plan, such part of the land and building —(i)not comprised in any lot or proposed lot in that strata title plan; and(ii)used or capable of being used or enjoyed by occupiers of 2 or more lots or proposed lots; (b)in relation to any other land and building, such part of the land and building —(i)not comprised in any non-strata lot; and(ii)used or capable of being used or enjoyed by occupiers of 2 or more non-strata lots within that land or building; or (c)in relation to any land and building mentioned in paragraph (a) or (b), any of the following whether or not comprised in a lot, proposed lot or non‑strata lot:(i)the pipes, wires, cables or ducts which are used, or capable of being used or enjoyed, by occupiers of 2 or more lots, proposed lots or non‑strata lots (as the case may be) within that land or building, or are used or capable of being used for the servicing or enjoyment of the common property;(ii)the cubic space enclosed by a structure enclosing pipes, wires, cables or ducts mentioned in sub‑paragraph (i);(iii)any structural element of the building;(iv)the waterproof membrane attached to an external wall or a roof; Examples (a)A foundation, load‑bearing wall, column or beam, a shear core, strut, ground anchor, slab (not including any layer that is the underlayment or the flooring finishing), truss and common staircase. (b)An external wall, or a roof or façade of a building which is used or enjoyed, or capable of being used or enjoyed, by occupiers of 2 or more lots, proposed lots or non‑strata lots. (c)A garden, sporting or recreational facility, car park or parking area for other vehicles, none of which are comprised in a lot, proposed lot or non‑strata lot. (d)A central air‑conditioning system and its appurtenances, and a fire sprinkler protection system and its appurtenances. (e)Any chute, pipe, wire, cable, duct or facility for the passage or provision of water, sewage, drainage, gas, oil, electricity, telephone, radio, television, garbage, heating or cooling systems, or any other similar services.

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• land

  land

  Defined · s 3

  “land” has the meaning given by the Land Titles Act 1993;

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• lot

  lot

  Defined · s 3

  “lot” means a stratum which is shown as a lot on a strata title plan, and includes a lot specified as an accessory lot on any such plan;

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• management corporation

  management corporation

  Defined · s 3

  “management corporation” means a management corporation constituted under this Act;

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• planning permission

  planning permission

  Defined · s 3

  “planning permission” has the meaning given by the Planning Act 1998;

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• provisional lot

  provisional lot

  Defined · s 3

  “provisional lot” means a lot within which one or more buildings or parts of any building are to be erected or completed and is shown as a provisional lot in a strata title plan and in any other record maintained by the Registrar;

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• schedule of strata units

  schedule of strata units

  Defined · s 3

  “schedule of strata units”, in relation to any land or building, means the schedule of strata units accepted by the Commissioner under section 11 of the Building Maintenance and Strata Management Act 2004 for that land or building;

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• share value

  share value

  Defined · s 3

  “share value” has the meaning given by the Building Maintenance and Strata Management Act 2004;

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• strata title plan

  strata title plan

  Defined · s 3

  “strata title plan” means a plan of registered land which —(a)is described in the title or heading thereto as a strata title plan;(b)shows the whole or any part of the land comprised therein as being divided into 2 or more strata, whether or not any stratum is divided into 2 or more lots; and(c)contains the particulars prescribed under the Boundaries and Survey Maps Act 1998,and includes a strata title plan for redevelopment of any lot in a strata title plan registered under this Act;

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• subdivided building

  subdivided building

  Defined · s 3

  “subdivided building” means —(a)any one or more buildings comprised in a strata subdivision plan approved by the relevant authority; or(b)any building or class of buildings authorised for strata subdivision under a notification made by the Minister under section 21(6) of the Planning Act 1998;

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• subsidiary proprietor

  subsidiary proprietor

  Defined · s 3

  “subsidiary proprietor” means —(a)the registered subsidiary proprietor for the time being of the entire estate in a lot including an estate for life, an estate in remainder or an estate in reversion; and(b)in relation to a lot where a lease has been granted, the registered subsidiary proprietor for the time being of a leasehold interest in a lot described in an instrument of lease whose unexpired term is not less than 21 years as from the date of lodgment of the instrument of lease for registration with the Registrar including such a lease registered prior to 1 December 1987;

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