Singapore legislation

Regulation 18

of Property Tax (Collection and Recovery) Regulations

Regulation 18

Forfeiture of deposit

In default of payment within the period mentioned in regulation 17, the deposit shall be forfeited to the Comptroller and the property shall be resold, and the defaulting purchaser shall forfeit all claim to the property, or to any part of the sum for which it is subsequently sold.

Read in full context — Property Tax (Collection and Recovery) Regulations →