Property Tax (Exemption of Land under Development) (Off-Budget) Order

  Table of Contents

1 Citation

2 Definitions

3 Exemption

4 Period of exemption from date of commencement of foundation works until completion of floor slab of first floor or lowest basement not to exceed 6 months

5 Application for exemption where foundation works commenced on or before 12th October 2001

6 Application for exemption where foundation works commenced after 12th October 2001

7 Delay in application

8 Comptroller may extend time for lodging of notice and application for exemption

9 Disqualifications

10 Approval of exemption

11 Exemption for land developed in phases

12 Purchaser, assignee or transferee of land to enjoy remaining period of exemption

13 Exemption to terminate upon planning permission or building permit ceasing to be valid

14 Change of circumstances

15 Application of this Order

  Legislative History