REPUBLIC OF SINGAPORE
Published by Authority
|NO. 2]||Friday, February 12||[1988|
The following Act was passed by Parliament on 12th January 1988 and assented to by the President on 1st February 1988:—
Land Acquisition (Amendment) Act 1988
(No. 2 of 1988)
WEE KIM WEE
1st February 1988.
Date of Commencement: 12th February 1988
An Act to amend the Land Acquisition Act (Chapter 152 of the 1985 Revised Edition).
Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows:
2. Section 33 of the Land Acquisition Act is amended —
by deleting paragraph (a\) of subsection (1) and substituting the following paragraph:
the market value —
as at 30th November 1973 in respect of land acquired before 30th November 1987, and as at 1st January 1986 in respect of land acquired on or after that date;
as at the date of the publication of the declaration made under section 5,
whichever is the lowest;”;
by deleting paragraph (b\) of subsection (3) and substituting the following paragraph:
the market value of the land as at 30th November 1973 in respect of land acquired before 30th November 1987, and the market value of the land as at 1st January 1986 in respect of land acquired on or after that date,”; and
by inserting, immediately after subsection (5), the following subsection:
“(6) For the purposes of this section, the date of acquisition of any land shall be the date of the publication of the notification under section 5(1) declaring that that land is needed for the purpose specified in the declaration.”.