Singapore legislation
Regulation 2
Regulation 2
Definitions
In these Rules —“bank” means a company which holds a valid licence under section 7, 11 or 79 of the Banking Act (Cap. 19);“cashier’s order” means a draft payable on demand drawn by a bank upon itself;“closing hour” means —
in any case where a working day falls on a Saturday or the eve of New Year, Chinese New Year or Christmas, 12.30 p.m.; or
in any other case, 4.30 p.m.;[Deleted by S 346/2015 wef 02/06/2015]“Executive Board” means the Executive Board appointed by the Senate under section 10 of the Act;“Purchaser” or “Vendor” means the Purchaser or Vendor referred to in any Sale and Purchase Agreement to which the Housing Developers Rules (Cap. 130, R 1), the Sale of Commercial Properties Rules (Cap. 281, R 1), the Housing and Development (Design-Build-And-Sell Scheme — Form of Contract) Rules 2006 (G.N. No. S 508/2006) or the Executive Condominium Housing Scheme Regulations (Cap. 99A, Rg 1) apply and includes any assignee or sub-assignee who is notified to the Academy pursuant to rule 6(5);“stakeholding money” means that part of the purchase price paid or to be paid to the Academy as stakeholder under the Sale and Purchase Agreement to which the Housing Developers Rules, the Sale of Commercial Properties Rules, the Housing and Development (Design-Build-And-Sell Scheme — Form of Contract) Rules 2006 or the Executive Condominium Housing Scheme Regulations apply;“working day”, in a case where stakeholding money is paid or to be paid to the Academy as stakeholder under the Sale and Purchase Agreement to which the Housing Developers Rules, the Sale of Commercial Properties Rules, the Executive Condominium Housing Scheme Regulations or the Housing and Development (Design-Build-and-Sell Scheme — Form of Contract) Rules (Cap. 129, R 14) apply, has the same meaning as defined in the Sale and Purchase Agreement under which the stakeholding money is paid or to be paid.
Definition
“bank” means a company which holds a valid licence under section 7, 11 or 79 of the Banking Act (Cap. 19);
Definition
“cashier’s order” means a draft payable on demand drawn by a bank upon itself;
Definition
“closing hour” means —
in any case where a working day falls on a Saturday or the eve of New Year, Chinese New Year or Christmas, 12.30 p.m.; or
in any other case, 4.30 p.m.;
Definition
“Executive Board” means the Executive Board appointed by the Senate under section 10 of the Act;
Definition
“Purchaser” or “Vendor” means the Purchaser or Vendor referred to in any Sale and Purchase Agreement to which the Housing Developers Rules (Cap. 130, R 1), the Sale of Commercial Properties Rules (Cap. 281, R 1), the Housing and Development (Design-Build-And-Sell Scheme — Form of Contract) Rules 2006 (G.N. No. S 508/2006) or the Executive Condominium Housing Scheme Regulations (Cap. 99A, Rg 1) apply and includes any assignee or sub-assignee who is notified to the Academy pursuant to rule 6(5);
Definition
“stakeholding money” means that part of the purchase price paid or to be paid to the Academy as stakeholder under the Sale and Purchase Agreement to which the Housing Developers Rules, the Sale of Commercial Properties Rules, the Housing and Development (Design-Build-And-Sell Scheme — Form of Contract) Rules 2006 or the Executive Condominium Housing Scheme Regulations apply;
Definition
“working day”, in a case where stakeholding money is paid or to be paid to the Academy as stakeholder under the Sale and Purchase Agreement to which the Housing Developers Rules, the Sale of Commercial Properties Rules, the Executive Condominium Housing Scheme Regulations or the Housing and Development (Design-Build-and-Sell Scheme — Form of Contract) Rules (Cap. 129, R 14) apply, has the same meaning as defined in the Sale and Purchase Agreement under which the stakeholding money is paid or to be paid.