Regulation 1
Citation and commencement
These Rules may be cited as the Stamp Duties (Real Estate Investment Trusts) (Remission) Rules 2007 and shall be deemed to have come into operation on 1st January 2006.
/akn/sg/act/sub_leg/1929/SDA-S364-2007
Stamp Duties (Real Estate Investment Trusts) (Remission) Rules 2007
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 (Real Estate Investment Trusts) (Remission) Rules 2007 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SDA-S364-2007 1929, currently marked in force and first recorded in 1929.
Regulation 2
Definitions
In these Rules —“immovable property-related assets” means listed or unlisted debt securities and listed shares issued by property corporations, mortgage-backed securities, other property funds, and assets incidental to the ownership of immovable property;“real estate investment trust” means a trust that is constituted as a collective investment scheme authorised under section 286 of the Securities and Futures Act (Cap. 289) and that invests or proposes to invest in immovable property and immovable property-related assets.
Definition
“immovable property-related assets” means listed or unlisted debt securities and listed shares issued by property corporations, mortgage-backed securities, other property funds, and assets incidental to the ownership of immovable property;
Definition
“real estate investment trust” means a trust that is constituted as a collective investment scheme authorised under section 286 of the Securities and Futures Act (Cap. 289) and that invests or proposes to invest in immovable property and immovable property-related assets.
Regulation 3
Remission of duty
There shall be remitted all duty chargeable under the Act on any contract, agreement or instrument executed during the period from 1st January 2006 to 17th February 2010 (both dates inclusive) relating to the conveyance, assignment or transfer on sale to a real estate investment trust 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,of 100% of the issued share capital or of the interest therein of any company incorporated in Singapore —
(A)
that holds, directly or indirectly, immovable property situated outside Singapore; and
(B)
that was set up for the sole purpose of holding, directly or indirectly, such property.
Common questions
- What is Stamp Duties (Real Estate Investment Trusts) (Remission) Rules 2007?
- Stamp Duties (Real Estate Investment Trusts) (Remission) Rules 2007 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SDA-S364-2007 1929, currently marked in force and first recorded in 1929.
- Is Stamp Duties (Real Estate Investment Trusts) (Remission) Rules 2007 still in force?
- Yes — Stamp Duties (Real Estate Investment Trusts) (Remission) Rules 2007 is currently in force.
- When did Stamp Duties (Real Estate Investment Trusts) (Remission) Rules 2007 take effect?
- Stamp Duties (Real Estate Investment Trusts) (Remission) Rules 2007 was first recorded in 1929.
- How many regulations does Stamp Duties (Real Estate Investment Trusts) (Remission) Rules 2007 have?
- Stamp Duties (Real Estate Investment Trusts) (Remission) Rules 2007 contains 3 regulations.
- Where can I read the official version of Stamp Duties (Real Estate Investment Trusts) (Remission) Rules 2007?
- The official text of Stamp Duties (Real Estate Investment Trusts) (Remission) Rules 2007 is published at sso.agc.gov.sg.