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No. S 197

Housing and Development Act

(Chapter 129)

Housing and Development (Agreements for Sale and Purchase) Rules 2003

In exercise of the powers conferred by section 65(1) of the Housing and Development Act, the Minister for National Development hereby makes the following Rules:

Citation and commencement

1. These Rules may be cited as the Housing and Development (Agreements for Sale and Purchase) Rules 2003 and shall come into operation on 15th April 2003.

Definitions

2. In these Rules, unless the context otherwise requires —

“agreement for sale and purchase” means any contract, agreement or other document relating to the sale and purchase of an HDB flat between the owner of the HDB flat and a buyer thereof;

“buyer” means a buyer of an HDB flat other than the Board;

“HDB flat” means a flat or other living accommodation sold under Part IV of the Act.

Form of agreement for sale and purchase

3.—(1) Subject to paragraph (2), every agreement for sale and purchase shall be in the Form in the Schedule.

(2) No agreement for sale and purchase shall contain any addition to, deletion from or variation of the Form in the Schedule unless the addition, deletion or variation is made with the authorisation of the Board.

Void agreement

4. Any agreement for sale and purchase which does not comply with rule 3 shall be void.

Saving

5. These Rules shall not apply to any agreement for sale and purchase made before 15th April 2003.

Made this 8th day of April 2003.

PETER CHAN JER HING

Permanent Secretary,
Ministry of National Development,
Singapore.

[ND 311/4-66 V11; AG/LEG/SL/129/2002/1 Vol. 3]

(To be presented to Parliament under section 65(2) of the Housing and Development Act).