Singapore legislation
Regulation 15
of Property Tax (Exemption of Land under Development) (Off-Budget) Order
Regulation 15
Application of this Order
Amended byG.N. No. S 557/2001
Subregulation 1
Subject to sub-paragraph (2), this Order shall not apply to —
(a)
any vacant land on which construction works of a permanent building were completed before 12th October 2001; and (b)any vacant land owned by a statutory board.
Subregulation 2
Amended byG.N. No. S 557/2001
Where —
(a)
a licensee of any land owned by a statutory board undertakes construction works on the land by agreement with the statutory board; and
(b)
the licensee is able to comply with the provisions of this Order as if the licensee were the owner of the land,this Order shall apply, with the necessary modifications, to the licensee as if he were the owner of the land.