Stamp Duties Act |
Stamp Duties (Islamic Debt Securities Arrangements) (Remission) Rules 2009 |
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Citation and commencement |
1. These Rules may be cited as the Stamp Duties (Islamic Debt Securities Arrangements) (Remission) Rules 2009 and shall be deemed to have come into operation on 17th February 2006. |
Definitions |
2. In these Rules —
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Remission of duty relating to Islamic debt securities arrangements |
3. Subject to the conditions specified in rule 4 and the submission of such documents as the Commissioner may require, there shall be remitted all duty chargeable under the Act in excess of $500 on any instrument relating to an approved Islamic debt securities arrangement. |
Conditions for remission |
4. The conditions for the remission referred to in rule 3 are as follows:
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Permanent Secretary, Ministry of Finance, Singapore. |
[MFR032.018.2925 V4; AG/LEG/SL/312/2005/4 Vol. 1] |