Sale of Commercial Properties Act |
Sale of Commercial Properties (Amendment) Rules 2006 |
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Citation and commencement |
1. These Rules may be cited as the Sale of Commercial Properties (Amendment) Rules 2006 and shall come into operation on 19th April 2006. |
Amendment of rule 2 |
Amendment of rule 5 |
3. Rule 5 of the principal Rules is amended by inserting, immediately after paragraph (3), the following paragraph:
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Amendment of Schedule |
4. The Schedule to the principal Rules is amended —
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Savings and transitional provisions |
5.—(1) An option which has been granted by a developer before 19th April 2006 to any person for the purchase of any commercial property shall continue to be in force as if these Rules had not been made until the option has lapsed or has been exercised by the intending purchaser.
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Made this 12th day of April 2006.
Permanent Secretary, Ministry of National Development, Singapore. |
[ND 202/1-65; AG/LEG/SL/281/2005/1 Vol. 1] |
(To be presented to Parliament under section 10(4) of the Sale of Commercial Properties Act). |
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