Singapore legislation

Regulation 2

of Property Tax (Tax Deferral for Land Approved for Development) Regulations 2009

Regulation 2

Definitions

In these Regulations —“applicant” means an owner of any qualifying land who applies under regulation 4 to the Comptroller to defer payment of tax for the qualifying land in respect of a period of deferral;“CSC” means a certificate of statutory completion in respect of a building issued under section 12(1) of the Building Control Act (Cap. 29) and, where more than one CSC is issued in respect of a building, means the first CSC so issued;“deferred tax” means the tax for any qualifying land in respect of the period of deferral, payment of which has been deferred pursuant to a grant of such deferral by the Comptroller under regulation 5;“development permission” means —

(a)

any written permission under section 12 of the Planning Act (Cap. 232) for the development of any land; or

(b)

any provisional permission under section 17 of the Planning Act for the development of any land;“owner” means an owner as defined in section 2(1) of the Act but does not include any owner that is an individual or an association or a body of persons;“period of deferral” means the period starting on a date specified in Part I of the Schedule and ending on a date specified in Part II thereof;“qualifying land” means any land, being vacant land or land assessed under section 2(3)(b) of the Act —

(a)

which has been approved for development under the Planning Act; and

(b)

for which valid development permission is in force at the time the application to defer payment of tax is made;“tax” includes any payment made in lieu of tax under section 6(11) of the Act;“TOP” means the temporary occupation permit granted under section 12(3) of the Building Control Act in respect of a building and, where more than one TOP is issued in respect of a building, means the first TOP so issued.

Definition

“applicant” means an owner of any qualifying land who applies under regulation 4 to the Comptroller to defer payment of tax for the qualifying land in respect of a period of deferral;

Definition

“CSC” means a certificate of statutory completion in respect of a building issued under section 12(1) of the Building Control Act (Cap. 29) and, where more than one CSC is issued in respect of a building, means the first CSC so issued;

Definition

“deferred tax” means the tax for any qualifying land in respect of the period of deferral, payment of which has been deferred pursuant to a grant of such deferral by the Comptroller under regulation 5;

Definition

“development permission” means —

(a)

any written permission under section 12 of the Planning Act (Cap. 232) for the development of any land; or

(b)

any provisional permission under section 17 of the Planning Act for the development of any land;

Definition

“owner” means an owner as defined in section 2(1) of the Act but does not include any owner that is an individual or an association or a body of persons;

Definition

“period of deferral” means the period starting on a date specified in Part I of the Schedule and ending on a date specified in Part II thereof;

Definition

“qualifying land” means any land, being vacant land or land assessed under section 2(3)(b) of the Act —

(a)

which has been approved for development under the Planning Act; and

(b)

for which valid development permission is in force at the time the application to defer payment of tax is made;

Definition

“tax” includes any payment made in lieu of tax under section 6(11) of the Act;

Definition

“TOP” means the temporary occupation permit granted under section 12(3) of the Building Control Act in respect of a building and, where more than one TOP is issued in respect of a building, means the first TOP so issued.