Singapore legislation
Regulation 2
of Stamp Duties (Aborted Sale and Purchase Agreements) (Remission) Rules 2005
Regulation 2
Remission of stamp duties chargeable under section 22 (1) of Act
There shall be remitted such amount of duty chargeable under section 22 (1) of the Act that is in excess of $50 on every contract or agreement for the sale between a vendor and a purchaser of any estate or interest in any immovable property where —
(a)
the contract or agreement is rescinded or annulled on or after 18th February 2005 on any ground not specified in section 22 (6) of the Act; and
(b)
the purchaser has not procured the rescission or annulment of the contract or agreement for sale with a view to facilitating the disposition of the property by the vendor to another person.