Land Titles (Strata) Act (Amendment of First Schedule) Order 2011

Status:

Published in Subsidiary Legislation Supplement
on 02 Mar 2011

No. S 111

Land Titles (Strata) Act

(Chapter 158)

Land Titles (Strata) Act (Amendment of First Schedule) Order 2011

In exercise of the powers conferred by section 84A(14) of the Land Titles (Strata) Act, the Minister for Law hereby makes the following Order:

Citation and commencement

1. This Order may be cited as the Land Titles (Strata) Act (Amendment of First Schedule) Order 2011 and shall come into operation on 2nd March 2011.

Amendment of First Schedule

2. The First Schedule to the Land Titles (Strata) Act is amended —

(a)

by renumbering paragraph 2 as sub-paragraph (1) of that paragraph, and by inserting immediately thereafter the following sub-paragraph:

“(2) For the avoidance of doubt, it is hereby declared that any reference in sub-paragraph (1)(a) to the first subsidiary proprietor or proprietor who signs the collective sale agreement does not include a reference to a subsidiary proprietor who rescinds his agreement to be party thereto in accordance with paragraphs 6 and 7.”; and

(b)

by renumbering paragraph 6 as sub-paragraph (1) of that paragraph, and by inserting immediately thereafter the following sub-paragraph:

“(2) For the avoidance of doubt, it is hereby declared that —

(a)	a subsidiary proprietor or proprietor who signs a collective sale agreement remains entitled to rescind his agreement to be a party thereto in accordance with sub-paragraph (1) even after the permitted time (as defined by paragraph 2) for the collective sale agreement has expired; and
(b)	any such subsidiary proprietor or proprietor who so rescinds his agreement to be a party to a collective sale agreement after the permitted time for the collective sale agreement has expired shall, for the purposes of paragraph 1, not be regarded as having executed the collective sale agreement within the permitted time.”.

Made this 28th day of February 2011.

PANG KIN KEONG

Permanent Secretary,
Ministry of Law,
Singapore.

[LAW 06/011/5.13 V10; AG/LLRD/SL/158/2010/1 Vol. 1]

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