THE SCHEDULE
Paragraph 2
Document (41) E141 and VC 476
[Variation of Exemption No. 2/2002]
1.  The exemption granted to Cairnhill Place Pte Ltd shall be revoked if at any time it ceases to be the wholly owned subsidiary of CRL Realty Pte Ltd as from 12th November 2001 or if the exemption granted to CRL Realty Pte Ltd is revoked.
2.  Cairnhill Place Pte Ltd shall file with the Controller of Residential Property a statutory declaration made by any of its directors or its secretary on or before 1st July 2003 and thereafter annually on or before 1st July in each subsequent year, furnishing the percentage of share capital held by CRL Realty Pte Ltd.
3.  Cairnhill Place Pte Ltd shall furnish to the Controller of Residential Property its annual report and income tax notice of assessment for each year of assessment, or satisfactory documentary evidence that no income tax is payable, within a period of 90 days of 1st July 2003.
4.  The exemption granted to Cairnhill Place Pte Ltd shall be revoked if any of the documents mentioned in conditions 2 and 3 is not filed for any consecutive year.