Housing and Development (Penalties for Late Payment) Rules

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Housing and Development Act

(Chapter 129, Section 27(2))

Housing and Development
(Penalties for Late Payment) Rules

R 5

G.N. No. S 309/1989

REVISED EDITION 1990

(25th March 1992)

[14th July 1989]

Citation

1. These Rules may be cited as the Housing and Development (Penalties for Late Payment) Rules.

Definitions

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

“agreement” includes any tenancy agreement, licence agreement, agreement for lease or lease, or loan agreement or mortgage entered into between the Board and any tenant, licensee, lessee or owner;

“amount” means any instalment, rent, licence fee or maintenance fee under an agreement;

[S 215/2008 wef 01/05/2008]

“grace period”, in relation to any instalment, rent, licence fee or maintenance fee in arrears, means the period —

(a)	starting on the date the amount first falls in arrears; and
(b)	ending on the last day of the month in which that date falls; [S 215/2008 wef 01/05/2008]

“instalment” means any monthly instalment repayment due to the Board under any loan provided by the Board to an owner for his purchase of any flat, house or other living accommodation sold by the Board;

“maintenance fee” means the service and conservancy charge payable to the Board by any tenant, licensee, lessee or owner in respect of any property sold, leased or otherwise provided by the Board under the Act;

“National Environment Agency” means the National Environment Agency established under the National Environment Agency Act (Cap. 195);

[S 186/2007 wef 01/05/2007]

“rent” includes the annual ground rent.

Application

2A. These Rules shall not apply to any tenant, licensee or lessee of any market or food centre or part thereof which is owned by the Board and managed by the National Environment Agency, or any stall in any such market or food centre.

[S 186/2007 wef 01/05/2007]

Calculation of penalties for rent or fee in arrears

3.—(1) No penalty under this rule shall be payable by any lessee, owner, licensee or tenant during the grace period in respect of any amount or part thereof, due from the lessee, owner, licensee or tenant, as the case may be, and in arrears.

(2) Subject to paragraph (1), any lessee, owner, licensee or tenant who fails to pay to the Board any amount or part thereof due under any agreement on the day the amount falls due shall be liable to pay to the Board, in respect of the amount or any part thereof in arrears, for every month in which the amount or any part thereof is in arrears, a penalty until all of the amount or part thereof in arrears is paid.

(3) The penalty referred to in paragraph (2) shall be as follows:

(a)

in relation to any flat that is not a commercial property, a sum that is calculated at a rate that is 2% above such rate as may be determined by the Minister for Finance for the financial year in which the amount or any part thereof is in arrears, being a determination that takes into account the average prime lending rate for the last quarter of the year immediately preceding that financial year; and

(b)

in relation to a flat that is a commercial property —

(i)	8% per annum; or
(ii)	a sum that is calculated at such rate as may be determined by the Minister for Finance for the financial year in which the amount or any part thereof is in arrears. [S 215/2008 wef 01/05/2008]

Recovery of rent, etc.

4. Nothing in these Rules shall prejudice any right of action or other remedy of the Board for the recovery of any rent or moneys due to the Board, including any interest for late payment or liquidated damages or in respect of any antecedent breach by the tenant, licensee, lessee or owner under any agreement.

Application of payments

5. The Board may, in its discretion, apply any moneys paid by the tenant, licensee or owner firstly towards the payment of the amount of any penalty payable under these Rules and subsequently apply any balance thereof towards payment of any amount of outstanding instalment, rent, licence fee or maintenance fee.

Remission

6. The Board may, in its discretion, remit wholly or in part any penalty payable under these Rules.

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