Stamp Duties Act |
Stamp Duties (Transfer of Interest in Property which Buyer has Interest) (Remission of ABSD) Rules 2013 |
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Citation and commencement |
1. These Rules may be cited as the Stamp Duties (Transfer of Interest in Property which Buyer has Interest) (Remission of ABSD) Rules 2013 and shall be deemed to have come into operation on 12th January 2013. |
Definitions |
Remission of ABSD |
3.—(1) Subject to rule 4, there shall be remitted the prescribed amount of ABSD that is chargeable on —
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Circumstances where rule 3 is inapplicable |
4.—(1) Rule 3 shall not apply if —
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Rules subject to other Rules |
5. In a case where only a part of the full amount of ABSD chargeable on an instrument is remitted under rule 3, but the full amount of ABSD chargeable on the instrument is remitted by an application of a provision of any other Rules made under section 74 of the Act, then the provision of those other Rules shall apply notwithstanding anything in these Rules. |
ABSD amount remitted in addition to ABSD amount remitted under certain other Rules |
6. The amount of ABSD remitted on an instrument under rule 3 is in addition to any amount of ABSD remitted on the same instrument under the Stamp Duties (Instruments on or before 5 July 2018) (Remission) Rules 2018. [S 454/2018 wef 06/07/2018] |
Permanent Secretary (Finance) (Performance), Ministry of Finance, Singapore. |
[MOF (R) 54.1.0004.Vol 4; AG/LLRD/SL/312/2010/29 Vol. 1] |