Stamp Duties (Transfer of HDB Flats within the Family) Remission Order 1996

Status:

Published in Subsidiary Legislation Supplement
on 23 Aug 1996

No. S 393

Stamp Duties Act

(Chapter 312)

Stamp Duties (Transfer of HDB Flats Within the Family) Remission Order 1996

In exercise of the powers conferred by section 75 of the Stamp Duties Act, the Minister for Finance hereby makes the following Order:

1. This Order may be cited as the Stamp Duties (Transfer of HDB Flats within the Family) Remission Order 1996 and shall be deemed to have come into operation on 15th May 1996.

2. In this Order, unless the context otherwise requires —

“Housing and Development Board” means the Housing and Development Board established under the Housing and Development Act [Cap. 129];

“Housing and Development Board flat” means a flat sold by the Board under Part IV of the Housing and Development Act but excludes flats designated by the Board as HUDC Phase III or IV flats;

“immediate family” shall include any person who has a direct marital or blood relationship with the remaining lessee and who, together with other authorised occupiers of the flat, will form a family nucleus with the remaining lessee.

3. There shall be remitted any duty in excess of $10 chargeable under the Act on any of the following instruments relating to the transfer of any Housing and Development Board flat made in compliance with the conditions set out in the Schedule:

(a)	in the case of duty determined in accordance with Article 10 (a ) of the First Schedule to the Act — any instrument made on or after 15th May 1996; and
(b)	in the case of duty determined in accordance with Article 10 (aa ) of the First Schedule to the Act — any instrument made on or after 15th May 1996 whereby the application to transfer the flat was received by the Board on or after that date.

4. The Stamp Duties Remission Order is revoked.

[O 2.]

Made this 20th day of August 1996.

NGIAM TONG DOW

Permanent Secretary,
Ministry of Finance,
Singapore.

[MF(R)R 54.1.001 Vol. 9; AG/SL/42/95]

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