Singapore legislation
Regulation 2
of Stamp Duties (Conveyance Directions) (Remission) Rules 2015
Regulation 2
Definitions
Subregulation 1
In these Rules, unless the context otherwise requires —
Definition
“additional buyer’s stamp duty” or “ABSD” means the duty referred to in paragraph (bf), (bh) or (bi) of Article 3 of the First Schedule to the Act;
Definition
“company” has the same meaning as in the Companies Act (Cap. 50).
Subregulation 2
In these Rules —
a reference to the amount of unremitted ABSD chargeable on an instrument is a reference to the amount of ABSD that remains chargeable on that instrument after the application of any Rules made under section 74 of the Act besides these Rules; and
a reference to the amount of unremitted ABSD that would have been chargeable on an instrument in specified circumstances is a reference to the amount of ABSD that would have been chargeable on that instrument in those circumstances after deducting any amount that would have been remitted in those circumstances under any Rules made under section 74 of the Act besides these Rules.