Singapore legislation

Regulation 3

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

Regulation 3

Conditions for remission

Amended byS 69/2012 wef 20/02/2010

Subregulation 1

Rules 2 and 2A only apply if —

(a)

a claim is made by the person who paid the duty or by whom it is payable —

(i)

within 6 months from the date of the rescission or annulment of the contract or agreement; or

(ii)

within such further time as the Commissioner may deem reasonable if, in unavoidable circumstances, the instrument cannot be produced within that period of 6 months; and

(b)

the instrument is surrendered for cancellation, unless the Commissioner dispenses with such surrender in a particular case.

Subregulation 2

Amended byS 69/2012 wef 20/02/2010

Paragraph (1)(a)(ii) and (b) does not apply if the instrument has already been surrendered for cancellation for the purpose of an earlier application for remission under these Rules.