Stamp Duties Act |
Stamp Duties (Matrimonial Proceedings) Remission Order 1997 |
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Citation and commencement |
1. This Order may be cited as the Stamp Duties (Matrimonial Proceedings) Remission Order 1997 and shall be deemed to have come into operation on 15th May 1996. |
Definitions |
Remission of duty on transfers consequent on matrimonial proceedings |
3.—(1) There shall be remitted all duty chargeable under the Act on any conveyance on sale, and any instrument chargeable in like manner, made on or after 15th May 1996 consequent on any matrimonial proceedings by a party to the matrimonial proceedings conveying or transferring any property to —
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Remission of seller’s duty by person acquiring property consequent on matrimonial proceedings |
4. There shall be remitted in accordance with paragraph 5 the duty chargeable under section 22A of the Act on any conveyance on sale, and any instrument chargeable in like manner, made on or after 15th May 1996 under which any residential property is disposed of by any person referred to in paragraph 3(1) (a), (b) or (c), being property which the person acquired consequent on any matrimonial proceedings. |
Amount remitted |
5.—(1) Where the material date applicable is more than 3 years before disposition, there shall be remitted all duty chargeable under section 22A of the Act.
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Order not to prejudice other Orders |
6. Nothing in this Order shall prejudice or otherwise affect the operation of any other Order made under section 75 of the Act. |
Made this 17th day of January 1997.
Permanent Secretary, Ministry of Finance, Singapore. |
[MF(R) R54.1.001 Vol. 9; AG/SL/42/95 Vol. 1] |