Stamp Duties Act 1929 · 2021 Revised Edition · Part 4 · Liability for Payment of Duty
36. Exemptions
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No duty is chargeable in respect of —
duty
“duty” means any stamp duty for the time being chargeable under this Act or any other Act;
any instrument executed by or on behalf of or in favour of the Government in cases where, but for this exemption, the Government would be liable under section 34 to pay the duty chargeable in respect of that instrument;
any instrument for the sale, transfer, lease or other disposition, either absolutely or by way of mortgage or otherwise, of land situated outside Singapore or any share, estate or interest in land situated outside Singapore;
lease
“lease” means a lease of immovable property, and includes the following:(a)any undertaking in writing to cultivate, occupy or pay or deliver rent for immovable property;(b)any instrument by which tolls, rents or profits of any description are let to farm;(c)any writing on an application for a lease intended to signify that the application is granted;
any instrument which relates exclusively to things to be done outside Singapore;
any instrument for the transfer on sale or transfer by way of gift of any stock issued by or on behalf of any government or State, other than the Government of Singapore, or of any stock issued by or on behalf of any corporation, company, or body of persons incorporated, formed or established outside Singapore, except stock registered in a register kept in Singapore;
stock
“stock” includes any share in the capital stock or funded debt of a company, corporation, society or VCC in Singapore or elsewhere and stocks or funds of the Government or of any other government or country;
any instrument executed by or on behalf of or in favour of a co‑operative society registered under the Co‑operative Societies Act 1979 or executed by an officer or a member of any such co‑operative society and relating solely to the business of the co‑operative society where, but for this exemption, the co‑operative society would be liable under section 34 to pay the duty chargeable on that instrument;
executed
“executed” and “execution”, used with reference to instruments not under seal, mean “signed” and “signature”;
any instrument by which any security is assigned, transferred or negotiated to the Monetary Authority of Singapore (whether on sale or otherwise) under the Exchange Control Act 1953;
any instrument made by the Collector of Land Revenue under the Land Acquisition Act 1966;
any deed, conveyance, assignment or other assurance which relates solely to immovable property or to any mortgage, charge or other encumbrances on, or any estate, right or interest in, any immovable property or stock or shares which are part of the estate of any bankrupt (including any debtor proceeded against under the Insolvency, Restructuring and Dissolution Act 2018), and which, after the execution of the instrument, either at law or in equity, is or remains the estate of the bankrupt (including any debtor proceeded against under that Act) or of the Official Assignee, and any bond or other instrument relating solely to the property of any bankrupt; and
mortgage
“mortgage” means a security by way of mortgage for the payment of any definite and certain sum of money advanced or lent at the time, or previously due or forborne to be paid, being payable, or for the repayment of money to be thereafter lent, advanced or paid, or which may become due upon an account current, together with any sum already advanced or due, or without (as the case may be), and includes —(a)any conveyance of any property in trust to be sold or otherwise converted into money intended only as a security, and redeemable before the sale or other disposal of the property, either by express stipulation or otherwise;(b)any instrument in writing for defeating or making redeemable, or explaining or qualifying any conveyance of property, apparently absolute, but intended only as a security;(c)any agreement for a mortgage or any agreement (other than an agreement chargeable with duty as an equitable mortgage), contract or bond accompanied with a deposit of title deeds or with other instruments evidencing a right to property, for making a mortgage or any other security or conveyance as aforesaid of any property comprised in the title deeds or other instruments or for pledging or charging the same as a security; and(d)any deed operating as a mortgage of any stock or marketable security;
any instrument of transfer lodged under section 125 or 126 of the Land Titles (Strata) Act 1967.