Singapore legislation
Regulation 3
of Stamp Duties (HDB Flats and Executive Condominium Units) (Remission of ABSD) Rules 2013
Regulation 3
Remission of ABSD for instruments relating to HDB flats
Subregulation 1
There shall be remitted the prescribed amount of ABSD chargeable on —
a conveyance, assignment or transfer on sale of an HDB flat; and
any instrument chargeable in like manner.
Subregulation 2
There shall be remitted the amount of duty chargeable on an agreement for lease by the Board of an HDB flat under Article 8(c) of the First Schedule to the Act that corresponds to the prescribed amount of ABSD chargeable for a conveyance on sale in consideration of the premium and made by the same parties.
Subregulation 3
Paragraphs (1) and (2) do not apply to an instrument (being one executed on or after 9 May 2022) if the purchaser, grantee, transferee or lessee is, or (if there is more than one of them) one or more of them is or are, to hold the HDB flat sold, conveyed, transferred or assigned under the instrument on trust.