Property Tax (Non-Residential Buildings) (Remission) Order 2009

No. S 386

Property Tax Act

(Chapter 254)

Property Tax (Non-residential Buildings) (Remission) Order 2009

In exercise of the powers conferred by section 6(8) of the Property Tax Act, the Minister for Finance hereby makes the following Order:

Citation and commencement

1.  This Order may be cited as the Property Tax (Non-Residential Buildings) (Remission) Order 2009 and shall be deemed to have come into operation on 1st January 2009.

Remission of tax and payments in lieu of tax

2.  Subject to this Order, where any building or part thereof is permitted under the Planning Act (Cap. 232) to be used for any purpose other than residential or human habitation, tax in respect of such building or part thereof shall be remitted as follows:

(a) in the case of any such building or part thereof owned and let by a statutory board specified in the Schedule, 40% of any payment made in lieu of tax under section 6(11) of the Act for the period 1st January 2009 to 31st December 2009 (both dates inclusive); and

(b) in any other case, 40% of the tax payable for the period 1st January 2009 to 31st December 2009 (both dates inclusive) in respect of the building or part thereof.

Refund of tax paid

3.  The refund of any tax arising out of the remission allowed under paragraph 2 shall be made to the person who is the owner of the building or part thereof to which the remission relates at the time of the refund.

Application of Order

4.  This Order shall not apply to —

(a) any building or part thereof owned and occupied by any statutory board and for which payment in lieu of tax is made under section 6(11) of the Act;

(b) any building or part thereof owned and let by any statutory board not specified in the Schedule and for which payment in lieu of tax is made under section 6(11) of the Act;

(c) any building or part thereof situated or being erected on any land where the annual value of that property has been assessed as if it were vacant land under section 2(3)(b) of the Act; and

(d) any building or part thereof situated or being erected on that part of any land which has been demarcated as excess land under section 2(5) of the Act and where the annual value has been separately assessed.

THE SCHEDULE

Paragraphs 2(a) and 4(b)

Statutory Boards

(1)  Civil Aviation Authority of Singapore

(2)  Housing and Development Board

(3)  Jurong Town Corporation

(4)  Public Utilities Board

(5)  Urban Redevelopment Authority.

Made this 24th day of August 2009.

TEO MING KIAN

Permanent Secretary,
Ministry of Finance,
Singapore.

[MOF R50.003.0002 V14; AG/LEG/SL/254/2002/1 Vol. 3]