No. S 252
Executive Condominium Housing Scheme Act 1996
(Act 10 of 1996)
Executive Condominium Housing Scheme Regulations 1996
In exercise of the powers conferred by section 3(2) of the Executive Condominium Housing Scheme Act 1996, the Minister for National Development hereby makes the following Regulations:
Citation and commencement
1.  These Regulations may be cited as the Executive Condominium Housing Scheme Regulations 1996 and shall come into operation on 7th June 1996.
Option to purchase
2.—(1)  A developer shall give to an intending purchaser whose application for the purchase of a housing accommodation under the executive condominium scheme has been approved an option to purchase in Form A set out in the Schedule.
(2)  The option referred to in paragraph (1) shall not be assignable or transferable.
(3)  No amendment, deletion or alteration to the option referred to in paragraph (1) shall be made except with the approval in writing of the Minister or any person authorised by him in that behalf.
(4)  Where a developer has granted to a person an option to purchase a housing accommodation under the executive condominium scheme, he shall not grant to any other person an option to purchase the same housing accommodation until after the first-mentioned option has lapsed.
(5)  An option granted by a developer to any person to purchase a housing accommodation under the executive condominium scheme shall remain in force for 3 weeks from the date of delivery of the option holder’s solicitors of the title deeds or copies thereof and the draft agreement for the sale and purchase of the housing accommodation.
Agreement for sale and purchase
3.—(1)  An agreement for the sale and purchase of a housing accommodation under the executive condominium scheme given by a developer to a purchaser shall be in Form B set out in the Schedule.
(2)  No amendment, deletion or alteration shall be made to the agreement referred to in paragraph (1) without the prior approval in writing of the Minister or any person authorised by him in that behalf.
Made this 4th day of June 1996.
LAM CHUAN LEONG
Permanent Secretary,
Ministry of National Development,
Singapore.
[ND 311/4-269 V2; AG/LEG/SL/99A/96/1]
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