Singapore legislation
Regulation 4
of Stamp Duties (HDB Flats and Executive Condominium Units) (Remission of ABSD) Rules 2013
Regulation 4
Remission of ABSD for instruments relating to executive condominium units
Subregulation 1
There shall be remitted the prescribed amount of ABSD chargeable on —
a conveyance, assignment or transfer on sale by a developer within the meaning of the Executive Condominium Housing Scheme Act (Cap. 99A) of an executive condominium unit; and
any instrument between the developer and the grantee, assignee or transferee that is chargeable in like manner.
Subregulation 2
Paragraph (1) does 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 executive condominium unit sold, conveyed, transferred or assigned under the instrument on trust.