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Stamp Duties Act

(Chapter 312, Section 74)

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

O 2

G.N. No. S 393/1996

REVISED EDITION 1997

(15th June 1997)

[15th June 1997]

Citation

1. This Order may be cited as the Stamp Duties (Transfer of HDB Flats within the Family) Remission Order.

Definitions

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.

Remission of duty in cases of transfer of HDB flats within family

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.