Version status: In force | Document consolidation status: No known changes
Version date: 12 November 2024 - onwards
90. Amendment to stamp duty rates in respect of residential property
(1) The Principal Act is amended -
(a) in section 83DB(1), in the definition of "relevant instrument", by the deletion of ", where the instrument was chargeable, in respect of the whole or part of the consideration under the instrument, to stamp duty at a rate of 10 per cent", and
(b) in Schedule 1 -
(i) in the Heading "CONVEYANCE or TRANSFER on sale of any property other than stocks or marketable securities or a policy of insurance or a policy of life insurance", by the substitution of the following paragraph for paragraph (1):
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(a) In this paragraph, 'apartment block', 'relevant residential unit' and 'residential unit' have the same meaning, respectively, as they have in section 31E. |