/akn/sg/act/sub_leg/1976/RPA-S894-2020

Residential Property (Oxley Holdings Limited — Exemption) Notification 2020

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Type: Subsidiary Legislation
Status: In force
Enacted: 1976
Sections: 6

Quick answer

About this subsidiary legislation

Residential Property (Oxley Holdings Limited — Exemption) Notification 2020 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation RPA-S894-2020 1976, currently marked in force and first recorded in 1976.

Regulation 1

Citation and commencement

This Notification is the Residential Property (Oxley Holdings Limited — Exemption) Notification 2020 and comes into operation on 20 October 2020.

Regulation 2

Exemption from need for approval to become converted entity

Section 9 of the Act does not apply to Oxley Holdings Limited, in relation to any residential property that —

(a)

is not non‑restricted residential property;

(b)

is vested in Oxley Holdings Limited immediately before its conversion into a converted entity before, on or after 20 October 2020; and

(c)

is intended for the purposes of development as residential property and with the ultimate purpose of sale or disposal by Oxley Holdings Limited as residential property for profit, after its conversion into a converted entity.

Regulation 3

Exemption from need for approval to change existing use

Section 28 of the Act does not apply to Oxley Holdings Limited, in relation to land that —

(a)

is acquired, owned or purchased by Oxley Holdings Limited on or after 20 October 2020; and

(b)

is intended for purposes of change of use to and development as residential property and with the ultimate purpose of sale or disposal by Oxley Holdings Limited as residential property for profit.

Regulation 4

Exemption from need for approval for rezoned land

Section 28A of the Act does not apply to Oxley Holdings Limited, in relation to vacant land (whether or not with a vacant or disused building or structure on the land) that —

(a)

is owned by Oxley Holdings Limited on or after 20 October 2020; and

(b)

is intended for the purpose of development as residential property and with the ultimate purpose of sale or disposal by Oxley Holdings Limited as residential property for profit.

Regulation 5

Exemption from need for housing developer’s approval

Subregulation 1

Subject to sub‑paragraph (2), section 31 of the Act does not apply to Oxley Holdings Limited.

Subregulation 2

Despite sub‑paragraph (1), section 31(1) and (4) of the Act continues to apply to Oxley Holdings Limited in relation to the retention of a dwelling‑house that is a landed dwelling‑house.

Subregulation 3

In this paragraph, “landed dwelling‑house” means a detached house, a semi‑detached house or a terrace house (including a linked house or a townhouse), whether or not comprised within a strata title plan registered under the Land Titles (Strata) Act (Cap. 158).

Regulation 6

Conditions of exemption

The exemptions in this Notification are subject to the conditions specified in paragraph 2 of the letter of approval dated 20 October 2020, addressed to Oxley Holdings Limited.

Common questions

What is Residential Property (Oxley Holdings Limited — Exemption) Notification 2020?: Residential Property (Oxley Holdings Limited — Exemption) Notification 2020 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation RPA-S894-2020 1976, currently marked in force and first recorded in 1976.
Is Residential Property (Oxley Holdings Limited — Exemption) Notification 2020 still in force?: Yes — Residential Property (Oxley Holdings Limited — Exemption) Notification 2020 is currently in force.
When did Residential Property (Oxley Holdings Limited — Exemption) Notification 2020 take effect?: Residential Property (Oxley Holdings Limited — Exemption) Notification 2020 was first recorded in 1976.
How many regulations does Residential Property (Oxley Holdings Limited — Exemption) Notification 2020 have?: Residential Property (Oxley Holdings Limited — Exemption) Notification 2020 contains 6 regulations.
Where can I read the official version of Residential Property (Oxley Holdings Limited — Exemption) Notification 2020?: The official text of Residential Property (Oxley Holdings Limited — Exemption) Notification 2020 is published at sso.agc.gov.sg.