Singapore legislation
Regulation 2
of Property Tax (Owner-Occupied Residential Premises) (Remission) Order 2009
Regulation 2
Remission of property tax for owner-occupied dwelling-house
Subregulation 1
There shall be allowed a remission of tax in accordance with this paragraph in respect of every owner-occupied dwelling-house to which the Property Tax (Rate for Owner-Occupied Residential Premises) Order (O 10) applies.
Subregulation 2
The remission shall be 40% of the tax payable for the part of the period from 1st January 2009 to 31st December 2009 (both dates inclusive) during which the dwelling-house is eligible for the rate of tax specified in the Property Tax (Rate for Owner-Occupied Residential Premises) Order.
Subregulation 3
The tax payable referred to in sub-paragraph (2) is the tax payable for the period from 1st January 2009 to 31st December 2009 (both dates inclusive) after deducting any remission for that same period granted under either or both of the following Orders:
the Property Tax (Owner-Occupied Residential Premises) (Remission) Order (O 16);
the Property Tax (Residential Properties) (Remission) Order 2007 (G.N. No. S 602/2007).