Singapore legislation
Regulation 3
of Property Tax (Owner-Occupied HDB Flats) (Remission) Order 2004
Regulation 3
Remission of property tax for owner-occupied HDB flats
Subregulation 1
Where the base tax in respect of any owner-occupied HDB flat of the type set out in the first column of the Schedule is lower than the annual property tax (after deduction of the rebate) payable on or after the effective date, the increase in property tax over the base tax in respect of the HDB flat shall be remitted in accordance with sub-paragraph (2) for a period of 2 years commencing from the effective date.
Subregulation 2
Subject to sub-paragraph (3), the amount of property tax to be remitted in respect of an owner-occupied HDB flat shall be —
two-thirds of the increase in property tax referred to in sub-paragraph (1) for a continuous period of the first 12 months commencing from the effective date; and
one-third of the increase in property tax referred to in sub-paragraph (1) for the subsequent continuous period of 12 months commencing immediately after the expiration of the period of 12 months referred to in sub-paragraph (a).
Subregulation 3
Where an HDB flat is not owner-occupied for any period during any period of remission referred to in sub-paragraph (2), the owner of the HDB flat shall be allowed the remission for such period that the HDB flat is owner-occupied on a pro-rata basis.