Prescribed intensified use of land for prescribed trade or business for pre‑25 March 2016 applications
2.—(1) The construction or renovation of any building or structure on industrial land, port land or airport land promotes the intensified use of the land for a trade or business for the purposes of section 18C(2) of the Act if, and only if, upon completing the construction or renovation, the building or structure is as follows:
(a)
the gross plot ratio of the building or structure —
(i)
meets the relevant gross plot ratio benchmark for the trade or business specified in the First Schedule; or
[S 691/2017 wef 15/12/2017]
(ii)
if the gross plot ratio of the building or structure already meets or exceeds the relevant gross plot ratio benchmark mentioned in sub‑paragraph (i) before the start of the construction or renovation, is at least 10% more than its gross plot ratio before the start of the construction or renovation; and
(b)
at least 80% of the total floor area of the building or structure is used by any one person or partnership for the trade or business.
[S 480/2014 wef 22/02/2014]
[S 228/2016 wef 22/02/2014]
(1A) For the purposes of paragraph (1)(a), the relevant gross plot ratio benchmark applicable to a building or structure on industrial land is the ratio set out in —
(a)
Column A of the First Schedule where the application for planning permission or conservation permission is made to the competent authority in accordance with the Planning Act (Cap. 232) during the period from 23rd February 2010 to 31st July 2013 (both dates inclusive); and
[S 691/2017 wef 15/12/2017]
(b)
Column B of the First Schedule where the application for planning permission or conservation permission is made to the competent authority in accordance with the Planning Act on or after 1st August 2013.
[S 466/2013 wef 01/08/2013]
[S 691/2017 wef 15/12/2017]
[S 228/2016 wef 22/02/2014]
(1B) For the purposes of paragraph (1)(a), the relevant gross plot ratio benchmark applicable to a building or structure on port land or airport land is the ratio set out in Column B of the First Schedule.
[S 228/2016 wef 22/02/2014]
[S 691/2017 wef 15/12/2017]
(2) A trade or business is prescribed for the purposes of section 18C(2) of the Act in relation to the promotion of the intensified use of industrial land, port land or airport land if —
(a)
the trade or business is a trade or business specified in the First Schedule; and
[S 691/2017 wef 15/12/2017]
(b)
following the construction or renovation of any building or structure on the land, the trade or business —
(i)
is the principal trade or business of any one person or partnership; and
(ii)
is the principal trade or business that will be carried on at the building or structure by that person or partnership.