Singapore legislation

Regulation 3

of Stamp Duties (Approved Securitisation Company) (Remission) Rules 2008

Regulation 3

Remission of duty

There shall be remitted all duty chargeable under the Act on any contract, agreement or instrument executed during the period from 27th February 2004 to 31st December 2008 (both dates inclusive) relating to —

(a)

the transfer, assignment or disposition of any mortgage or debenture of immovable property to an approved securitisation company; or

(b)

the conveyance, assignment or transfer on sale of any stock or shares or any interest thereof to an approved securitisation company.