/akn/sg/act/sub_leg/1929/SDA-S21-2008

Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2008

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Type
Subsidiary Legislation
Status
In force
Enacted
1929
Sections
3

Quick answer

About this subsidiary legislation

Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2008 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SDA-S21-2008 1929, currently marked in force and first recorded in 1929.

Regulation 1

Citation and commencement

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These Rules may be cited as the Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2008 and shall be deemed to have come into operation on 1st March 2006.

Regulation 2

Definitions

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In these Rules —“approved shipping investment enterprise” and “sea-going ship” have the same meanings as in section 13S of the Income Tax Act (Cap. 134);“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” and “sea-going ship” have the same meanings as in section 13S of the Income Tax Act (Cap. 134);

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Definition

“special purpose company” means any company that is established solely in order to own or operate any sea-going ship.

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Regulation 3

Remission of duty

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There shall be remitted all duty chargeable under the Act on any contract, agreement or instrument executed during the period from 1st March 2006 to 28th February 2011 (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 one month from 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.

Common questions

What is Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2008?
Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2008 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SDA-S21-2008 1929, currently marked in force and first recorded in 1929.
Is Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2008 still in force?
Yes — Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2008 is currently in force.
When did Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2008 take effect?
Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2008 was first recorded in 1929.
How many regulations does Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2008 have?
Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2008 contains 3 regulations.
Where can I read the official version of Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2008?
The official text of Stamp Duties (Shipping Investment Enterprise) (Remission) Rules 2008 is published at sso.agc.gov.sg.