4. Section 6 of the principal Act is amended —
by deleting subsection (6) and substituting the following subsections:
“(6) Where the Comptroller is satisfied that a building or any part thereof is used exclusively —
as a place for public religious worship;
for a public school which is in receipt of grants-in-aid from the Government;
for charitable purposes; or
for purposes conducive to social development in Singapore,
the building or such part thereof, as the case may be, shall be exempted from payment of the tax.
(6A) Where the Comptroller is satisfied that land is used or will be developed or is being developed into a building for use principally for any purpose specified in subsection (6), the land shall be exempted from payment of the tax.”; and
by deleting the words “6 years” in subsection (14) and substituting the words “5 years”.