Regulation 1
Citation and commencement
These Rules may be cited as the Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2014 and shall be deemed to have come into operation on 1st March 2011.
/akn/sg/act/sub_leg/1929/SDA-S99-2014
Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2014
The full official text, structured for quick navigation. Copy any provision or jump straight to a section.
- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 1929
- Sections
- 3
Quick answer
About this subsidiary legislation
Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2014 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SDA-S99-2014 1929, currently marked in force and first recorded in 1929.
Regulation 2
Definitions
Amended byS 85/2017 wef 11/04/2016S 85/2017 wef 01/03/2011
In these Rules —“approved shipping investment enterprise” means a shipping investment enterprise approved under section 13S(2) of the Income Tax Act (Cap. 134);[Deleted by S 85/2017 wef 01/03/2011][Deleted by S 85/2017 wef 11/04/2016]“ship” has the same meaning as in section 2(1) of the Merchant Shipping Act (Cap. 179);“shipping investment enterprise” has the same meaning as in section 13S(20) of the Income Tax Act;“special purpose company” means any company that is established solely in order to own or operate any sea‑going ship.
Definition
“approved shipping investment enterprise” means a shipping investment enterprise approved under section 13S(2) of the Income Tax Act (Cap. 134);
Definition
“ship” has the same meaning as in section 2(1) of the Merchant Shipping Act (Cap. 179);
Amended byS 85/2017 wef 11/04/2016
Definition
“shipping investment enterprise” has the same meaning as in section 13S(20) of the Income Tax Act;
Amended byS 85/2017 wef 01/03/2011
Definition
“special purpose company” means any company that is established solely in order to own or operate any sea‑going ship.
Regulation 3
Remission of duty
Amended byS 524/2015 wef 24/02/2015
There shall be remitted all duty chargeable under the Act on any contract, agreement or instrument executed during the period from 1 March 2011 to 31 May 2021 (both dates inclusive) relating to the conveyance, assignment or transfer on sale of any stock or shares in any special purpose company or any interest thereof from any person to an approved shipping investment enterprise that —
(a)
is listed on the Singapore Exchange; or
(b)
is to be listed on the Singapore Exchange —
(i)
within 6 months after the execution of such conveyance, assignment or transfer; or
(ii)
within such longer period, and on such terms and conditions, as the Minister or such other person as he may appoint may specify in any particular case.
Common questions
- What is Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2014?
- Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2014 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SDA-S99-2014 1929, currently marked in force and first recorded in 1929.
- Is Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2014 still in force?
- Yes — Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2014 is currently in force.
- When did Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2014 take effect?
- Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2014 was first recorded in 1929.
- How many regulations does Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2014 have?
- Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2014 contains 3 regulations.
- Where can I read the official version of Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2014?
- The official text of Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2014 is published at sso.agc.gov.sg.