Stamp Duties (Non-licensed Housing Developers) Remission Order

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Stamp Duties Act

(Chapter 312, Section 74)

Stamp Duties (Non-licensed Housing Developers) Remission Order

O 8

G.N. No. S 392/1996

REVISED EDITION 1997

(15th June 1997)

[15th May 1996]

Citation

1. This Order may be cited as the Stamp Duties (Non-licensed Housing Developers) Remission Order.

Remission of duty relating to non-licensed housing developers

2. There shall be remitted all duty chargeable under section 22A of the Act on any contract or agreement made on or after 15th May 1996 for the sale by any non-licensed housing developer of any housing accommodation constructed or caused to be constructed by that non-licensed housing developer in the course of carrying on the business of housing development.

Definitions

3.—(1) For the purposes of paragraph 2 —

“housing accommodation” has the same meaning as in the Housing Developers (Control and Licensing) Act (Cap. 130);

“housing development” means constructing or causing to be constructed any housing accommodation for sale;

“licensed housing developer” has the same meaning as in the Housing Developers (Control and Licensing) Act;

“non-licensed housing developer” means —

(a)	a company registered under the Companies Act (Cap. 50); or
(b)	a business registered under the Business Registration Act (Cap. 32),

lawfully carrying on the business of housing development but is not a licensed housing developer.

(2) Any reference to the construction of any housing accommodation shall include any building or demolition and rebuilding operations in, on, over or under any land for the purpose of erecting the housing accommodation but shall exclude any alteration or addition to or any repair or partial demolition and rebuilding of a housing accommodation.

[G.N. No. S 392/96]

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