/akn/sg/act/sub_leg/1929/SDA-S695-2011

Stamp Duties (Instruments on or before 7th December 2011) (Remission) Order 2011

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Type
Subsidiary Legislation
Status
In force
Enacted
1929
Sections
3

Quick answer

About this subsidiary legislation

Stamp Duties (Instruments on or before 7th December 2011) (Remission) Order 2011 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SDA-S695-2011 1929, currently marked in force and first recorded in 1929.

Regulation 1

Citation and commencement

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This Order may be cited as the Stamp Duties (Instruments on or before 7th December 2011) (Remission) Order 2011 and shall be deemed to have come into operation on 8th December 2011.

Regulation 2

Remission of duty for option granted on or before 7th December 2011 and subsequent conveyance

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Subregulation 1

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There shall be remitted all duty under paragraph (bc) of Article 3 of the First Schedule to the Act chargeable on a contract or agreement for the sale of residential property to a purchaser that is conditional on the exercise of an antecedent option, and on any conveyance or transfer of that property to the purchaser.

Subregulation 2

Suggest a correction

For the purposes of paragraph (1), an antecedent option means an option that —

(a)

is granted on or before 7th December 2011;

(b)

is exercised on or before 28th December 2011, or the date of expiry of the validity period of the option, whichever is earlier; and

(c)

has not been varied at any time after 7th December 2011.

Subregulation 3

Suggest a correction

In paragraph (2)(b), the date of expiry of the validity period of an option includes any extension of the period if the extension is granted on or before 7th December 2011, but not otherwise.

Regulation 3

Remission of duty for conveyance if agreement made on or before 7th December 2011

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There shall be remitted all duty under paragraph (bc) of Article 3 of the First Schedule to the Act chargeable on a conveyance or transfer of residential property, if the contract or agreement for the sale of the property to the grantee, transferee or lessee is made on or before 7th December 2011.

Common questions

What is Stamp Duties (Instruments on or before 7th December 2011) (Remission) Order 2011?
Stamp Duties (Instruments on or before 7th December 2011) (Remission) Order 2011 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SDA-S695-2011 1929, currently marked in force and first recorded in 1929.
Is Stamp Duties (Instruments on or before 7th December 2011) (Remission) Order 2011 still in force?
Yes — Stamp Duties (Instruments on or before 7th December 2011) (Remission) Order 2011 is currently in force.
When did Stamp Duties (Instruments on or before 7th December 2011) (Remission) Order 2011 take effect?
Stamp Duties (Instruments on or before 7th December 2011) (Remission) Order 2011 was first recorded in 1929.
How many regulations does Stamp Duties (Instruments on or before 7th December 2011) (Remission) Order 2011 have?
Stamp Duties (Instruments on or before 7th December 2011) (Remission) Order 2011 contains 3 regulations.
Where can I read the official version of Stamp Duties (Instruments on or before 7th December 2011) (Remission) Order 2011?
The official text of Stamp Duties (Instruments on or before 7th December 2011) (Remission) Order 2011 is published at sso.agc.gov.sg.