Singapore legislation

Regulation 6

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

Regulation 6

Tax deferral for qualifying land developed in phases

Subregulation 1

Where any qualifying land is developed in phases, each phase of the development shall be treated as if it were a separate piece of qualifying land, and the Comptroller shall, subject to paragraph (3), grant separate tax deferrals for each phase.

Subregulation 2

The Comptroller may apportion the annual value of the land for each phase of its development for the purpose of any tax deferral under paragraph (1).

Subregulation 3

Notwithstanding paragraph (1), the Comptroller may require an applicant to apply for, and may grant, a tax deferral in respect of the entire qualifying land.