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Property Tax Act

(Chapter 254, Section 6(5A))

Property Tax (Rate for Owner-Occupied Residential Premises) (Remission) Order

O 11

G.N. No. S 217/1990

REVISED EDITION 1990

(25th March 1992)

[1st July 1990]

Citation

1. This Order may be cited as the Property Tax (Rate for Owner-Occupied Residential Premises) (Remission) Order.

Definitions

2. In this Order —

“base tax” means —

(a)	the amount of annual property tax payable at the concessionary rate by an owner-occupier of a dwelling-house as at 30th June 1990;
(b)	the amount of annual property tax payable at the concessionary rate by an owner-occupier of a dwelling-house for the period immediately before 1st July 1990 where the owner-occupied dwelling-house is included in the Valuation List only after 30th June 1990;

“owner-occupied dwelling-house” has the same meaning as in the Property Tax (Rate for Owner-Occupied Residential Premises) Order (O 10);

“owner-occupier’s rate” has the same meaning as in the Property Tax (Rate for Owner-Occupied Residential Premises) Order.

Remission of property tax

3.—(1) Notwithstanding the Property Tax (Rate for Owner-Occupied Residential Premises) Order, where the base tax payable in respect of an owner-occupied dwelling-house is lower than the tax payable on 1st July 1990 at the owner-occupier’s rate, the increase in property tax over the base tax on that dwelling-house which is due directly to the commencement of that Order shall be remitted in accordance with sub-paragraph (2) for a period of two years commencing from 1st July 1990.

(2) The remission in property tax shall be —

(a)	67% of the increase in property tax referred to in sub-paragraph (1) for the period from 1st July 1990 to 30th June 1991; and
(b)	33% of the increase in property tax referred to in subparagraph (1) for the period from 1st July 1991 to 30th June 1992.

(3) The remission under this Order shall cease forthwith upon the occurrence of any of the following:

(a)	the owner ceases to occupy the dwelling-house or transfers the entire interest in the dwelling-house;
(b)	the owner leases or subleases the whole or part of his interest in the dwelling-house;
(c)	there is any increase in property tax payable in respect of any part of the period of two years referred to in sub-paragraph (1) which is due wholly or partly to any alteration, addition or improvement to the dwelling-house which is completed during that period.