Regulation 2
Exemption
of Residential Property (Exemption) Notification 2019
Subsidiary LegislationIn forceProvision 2 of 2
Regulation 2
Subregulation 1
Subject to sub-paragraph (2), the Act does not apply to the purchase or acquisition by, or any transfer to, any person (other than a housing developer) of any estate or interest in any flat that is a landed dwelling‑house —
(a)
specified in the First Schedule;
(b)
specified in the Second Schedule;
(c)
specified in the Third Schedule; and
(d)
specified in the Fourth Schedule.
Subregulation 2
Section 4(2) to (10) of the Act applies to any purchase or acquisition by, or any transfer to, a foreign person of any estate or interest in any flat that is a landed dwelling‑house mentioned in sub‑paragraph (1).
Subregulation 3
In this paragraph, “housing developer” has the meaning given by section 31(18) of the Act.