Stamp Duties Act 1929 - Singapore Statutes Online

PART 4

LIABILITY FOR PAYMENT OF DUTY

Duty by whom payable

34. In the absence of an agreement to the contrary, the expense of providing the proper stamp duty is to be borne —

(a)	in the case of the instruments described in the second column of the Third Schedule, by the person mentioned in the third column of that Schedule; and
(b)	in the case of every other instrument, by the person drawing, making or executing the instrument.

35. [Repealed by Act 26 of 1996]

Exemptions

36. No duty is chargeable in respect of —

(a)	any instrument executed by or on behalf of or in favour of the Government in cases where, but for this exemption, the Government would be liable under section 34 to pay the duty chargeable in respect of that instrument;
(b)	any instrument for the sale, transfer, lease or other disposition, either absolutely or by way of mortgage or otherwise, of land situated outside Singapore or any share, estate or interest in land situated outside Singapore;
(c)	any instrument which relates exclusively to things to be done outside Singapore;
(d)	any instrument for the transfer on sale or transfer by way of gift of any stock issued by or on behalf of any government or State, other than the Government of Singapore, or of any stock issued by or on behalf of any corporation, company, or body of persons incorporated, formed or established outside Singapore, except stock registered in a register kept in Singapore;
(e)	any instrument executed by or on behalf of or in favour of a co‑operative society registered under the Co‑operative Societies Act 1979 or executed by an officer or a member of any such co‑operative society and relating solely to the business of the co‑operative society where, but for this exemption, the co‑operative society would be liable under section 34 to pay the duty chargeable on that instrument;
(f)	any instrument by which any security is assigned, transferred or negotiated to the Monetary Authority of Singapore (whether on sale or otherwise) under the Exchange Control Act 1953;
(g)	any instrument made by the Collector of Land Revenue under the Land Acquisition Act 1966;
(h)	any deed, conveyance, assignment or other assurance which relates solely to immovable property or to any mortgage, charge or other encumbrances on, or any estate, right or interest in, any immovable property or stock or shares which are part of the estate of any bankrupt (including any debtor proceeded against under the Insolvency, Restructuring and Dissolution Act 2018), and which, after the execution of the instrument, either at law or in equity, is or remains the estate of the bankrupt (including any debtor proceeded against under that Act) or of the Official Assignee, and any bond or other instrument relating solely to the property of any bankrupt; and
(i)	any instrument of transfer lodged under section 125 or 126 of the Land Titles (Strata) Act 1967. [40/2018; 4/2021]

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