Singapore legislation

Regulation 2A

of Stamp Duties (Aborted Sale and Purchase Agreements) (Remission) Rules 2005

Regulation 2A

Remission of stamp duties chargeable under section 22A of Act

Amended byS 69/2012 wef 20/02/2010

There shall be remitted such amount of duty chargeable under section 22A 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the contract or agreement is rescinded or annulled on or after 20th February 2010; and

(b)

duty paid under section 22 of the Act in respect of the contract or agreement is remitted under rule 2.