5 June 2012
The Stamp Duties (HDB Transitional Housing) (Remission) Rules 2012, published on 1 June 2012, is deemed to have come into operation on 20 February 2010.
The Rules cover remission of duty relating to HDB transitional housing where all duty chargeable under section 22A of the Stamp Duties Act is remitted on any conveyance on sale, and any instrument chargeable made on or after 20 February 2010 which relates to the disposition of a resale flat by a person consequent to the taking possession of:
- a DBSS flat from the developer which built and sold that flat,
- an executive condominium unit from the developer which built and sold that unit, or
- an HDB flat from the HDB,
where the instrument is executed under specified circumstances.