Property Tax (Premises Exempted from Rent Control) Order

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Not current version
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Property Tax Act

(Chapter 254, Sections 6(5A) and 68(2))

Property Tax (Premises Exempted from Rent Control) Order

O 8

G.N. No. S 307/1989

REVISED EDITION 1990

(25th March 1992)

[7th October 1988]

Citation

1. This Order may be cited as the Property Tax (Premises Exempted from Rent Control) Order.

Definitions

2. In this Order, unless the context otherwise requires —

“decontrolled premises” means any premises exempted from the provisions of the Control of Rent Act [Cap. 58] by virtue of paragraph 2(1)(a) of the Control of Rent (Exemption) (Consolidation) Notification;

[N 4.]

“increased property tax” means the amount of property tax payable at any time after the decontrolled premises have been exempted from the provisions of the Control of Rent Act which exceeds the amount of property tax payable immediately before such exemption;

“vacant”, in relation to decontrolled premises, means decontrolled premises which are unoccupied and not leased to any other person.

Remission of property tax

3.—(1) There shall be remitted the amount of property tax specified in sub-paragraph (2) payable in respect of any decontrolled premises which are wholly owner-occupied or vacant.

(2) Subject to sub-paragraph (3) and paragraph 4, the amount of property tax remitted in respect of the decontrolled premises shall be —

(a)	two-thirds of the increased property tax payable for a continuous period of 12 months commencing immediately upon the initial increase in property tax; and
(b)	one-third of the increased property tax payable for a further continuous period of 12 months commencing immediately after the expiration of the period of 12 months referred to in sub-paragraph (2)(a):

Provided that the initial increase in property tax occurs on or after 7th October 1988 and the increased property tax is a direct result of the exemption of those premises from the Control of Rent Act [Cap. 58].

(3) If the decontrolled premises cease to be wholly owner-occupied or vacant, the remission under this Order shall cease forthwith except where the premises cease to be such by virtue of it becoming either vacant or wholly owner-occupied.

Remission not to apply

4. The remission under this Order shall not apply to —

(a)	any increase in property tax which in the opinion of the Chief Assessor is due to an increase in the annual value of the decontrolled premises as a result of any alterations, additions or improvements to the decontrolled premises or any reason other than the exemption of those premises from the Control of Rent Act [Cap. 58];
(b)	property tax payable in respect of any owner-occupied dwelling-house or place of which the owner thereof has been granted a concessionary rate of tax pursuant to the Act or any order made thereunder;
(c)	property tax payable in respect of any building or part thereof built or completed after 7th September 1947 upon land with any premises thereon which are or have been subject to the provisions of the Control of Rent Act; and
(d)	property tax payable in respect of any premises exempted from the provisions of paragraph 2(1)(b) of the Control of Rent Act [Cap. 58] by virtue of the Control of Rent (Exemption) (Consolidation) Notification. [N 4.]

Property tax of decontrolled premises

5. Where an increase in property tax of decontrolled premises is due partly to an exemption of those premises from the Control of Rent Act and partly to any other reason, the remission under this Order shall apply only to that part of the increase which in the opinion of the Chief Assessor is a direct result of the exemption of those premises from the Control of Rent Act.

Remission not to apply to decontrolled premises

6. The remission under this Order shall not apply to any decontrolled premises unless the owner thereof applies for the remission on such form as may be required by the Comptroller.

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