Property Tax (Non-Residential Buildings) (Remission) Order 2001

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No. S 398

Property Tax Act

(Chapter 254)

Property Tax (Non-residential Buildings) (Remission) Order 2001

In exercise of the powers conferred by section 6(5B) of the Property Tax Act, the Minister for Finance hereby makes the following Order:

Citation and commencement

1.—(1) This Order may be cited as the Property Tax (Non-Residential Buildings) (Remission) Order 2001.

(2) This Order shall be deemed to have come into operation on 1st July 2001 and shall remain in operation until 30th June 2002 (both dates inclusive).

Remission of tax

2. There shall be remitted 25% of the tax payable in respect of any building or part thereof which is permitted to be used under the Planning Act (Cap. 232) for any purpose other than for human habitation.

Application of Order

3. This Order shall not apply to —

(a)	any building or part thereof owned and occupied by any statutory board for which payment in lieu of tax is made under section 6(7) of the Act;
(b)	any building or part thereof owned and let by any statutory board, other than the Housing and Development Board, Urban Redevelopment Authority, Jurong Town Corporation, Civil Aviation Authority of Singapore and Public Utilities Board, for which payment in lieu of tax is made under section 6(7) of the Act;
(c)	any building or part thereof situated or being erected on any land where the annual value of that property has been assessed as if it were vacant land under section 2(3)(b) of the Act; or
(d)	any building or part thereof situated or being erected on that part of any land which has been demarcated as excess land under section 2(5) of the Act and where the annual value has been separately assessed by deeming that part of the land as vacant land.

Made this 20th day of August 2001.

LIM SIONG GUAN

Permanent Secretary,
Ministry of Finance,
Singapore.

[MF(R) R50.3.002 Vol. 11; AG/LEG/SL/254/1997/1 Vol. 1]

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