Regulation 1
Citation and commencement
These Rules may be cited as the Stamp Duties (Approved Securitisation Company) (Remission) Rules 2008 and shall be deemed to have come into operation on 27th February 2004.
/akn/sg/act/sub_leg/1929/SDA-S98-2008
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Stamp Duties (Approved Securitisation Company) (Remission) Rules 2008 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation SDA-S98-2008 1929, currently marked in force and first recorded in 1929.
Citation and commencement
These Rules may be cited as the Stamp Duties (Approved Securitisation Company) (Remission) Rules 2008 and shall be deemed to have come into operation on 27th February 2004.
Definition
In these Rules, “approved securitisation company” has the same meaning as in section 13P(4) of the Income Tax Act (Cap. 134).
Remission of duty
There shall be remitted all duty chargeable under the Act on any contract, agreement or instrument executed during the period from 27th February 2004 to 31st December 2008 (both dates inclusive) relating to —
the transfer, assignment or disposition of any mortgage or debenture of immovable property to an approved securitisation company; or
the conveyance, assignment or transfer on sale of any stock or shares or any interest thereof to an approved securitisation company.