Section 12
Registrar may refuse to register instrument of transfer in favour of Singapore company
of Residential Property Act 1976
ActIn forceProvision 15 of 58
Section 12
The Registrar may refuse to register an instrument of transfer of an estate or interest in any residential property that is not non‑restricted residential property in favour of a Singapore company unless he or she is satisfied that —
(a)
all the directors of the company are citizens; and
(b)
all the members of the company are either citizens, Singapore limited liability partnerships or Singapore companies.