Singapore legislation

Regulation 2

of Stamp Duties (Agreements for Sale of Equity Interests) (Remission) Rules 2018

Regulation 2

Remission of duty on agreements for sale of stock or shares not subject to additional conveyance duty

Subregulation 1

This rule applies to a contract or agreement for the sale of any stock or shares, or any interest in any stock or shares, that is not subject to any duty under section 23 (read with section 23B) of the Act.

Subregulation 2

The duty chargeable under Article 3(c) of the First Schedule to the Act on the contract or agreement by reason of section 22(1) of the Act is remitted.