—(1) The Corporation may compulsorily acquire any flat, house or other building sold subject to the provisions of this Part, whether before or after 23rd March 1978 —
if the owner thereof and his spouse, if any, has in the opinion of the Corporation ceased to occupy the flat, house or other building;
if the owner thereof, his spouse or any authorised occupier has at any time, whether before or after that date, acquired whether by operation of law or otherwise any title to or an estate or interest in any other flat, house or building or land;
if the flat, house or other building has in the opinion of the Corporation been used otherwise than for the purpose permitted by the lease;
if the owner thereof has permitted any person other than an authorised occupier to reside or stay in the flat, house or other building;
if the owner thereof has failed to perform or observe any condition contained in the lease to be performed or observed on the part of the owner after a notice in writing has been sent by the Corporation drawing his attention to the non-performance or non-observance of the condition in the lease and the Corporation is of the opinion that he is likely to continue to do the same if he should continue to own the flat, house or other building;
if the owner thereof has made a misleading or false statement in his application to the Corporation for the purchase of the flat, house or other building;
if the owner thereof has made misrepresentation of a material fact, whether innocently or otherwise, in his application to the Corporation for the purchase of the flat, house or other building;
if the owner thereof assigns, underlets or parts with the possession of the flat, house or other building or any part thereof without obtaining the prior written consent of the Corporation;
if, in the opinion of the Corporation, the flat, house or other building is not being occupied by such minimum number of persons as the Corporation may require;
if the owner thereof has at any time, whether before or after that date, ceased to be a citizen of Singapore; or
if the rent or any payments or any part thereof due to the Corporation reserved under the lease remains unpaid for 3 calendar months after they are due and payable and the Corporation has sent a notice of demand in writing to the owner thereof.
(2) Subsection (1)(b) shall not apply to any owner or his spouse or any authorised occupier who has purchased or acquired, with the prior written consent of the Corporation, any commercial property not exceeding in value $250,000 or such higher value as the Minister may allow and the commercial property is used or intended to be used by any such person for business purposes.
(3) Where the Corporation intends to exercise its powers of compulsory acquisition conferred by this section, the Corporation shall serve a notice in writing on the owner of the flat, house or other building and all persons known or believed to be interested in claiming all or any part of the compensation to be paid for the flat, house or other building (referred to in this Part as an interested person) stating the Corporation’s intention to acquire the premises and the compensation to be paid therefor.
(4) An owner or interested person who objects to a proposed acquisition by the Corporation may, within 28 days after the date of the service of a notice referred to in subsection (3), submit in writing to the Corporation precisely the grounds upon which he objects to the acquisition and the compensation offered by the Corporation.
(5) The Corporation shall consider the objection and may either disallow it or allow it either wholly or in part, and shall serve the owner or interested person by post or otherwise with a written notice of its decision.
(6) Any owner or interested person aggrieved by the decision of the Corporation may, within 28 days after the date of the service of such decision, appeal in the prescribed manner to the Minister whose decision shall be final.
(7) This section shall not limit or affect the powers conferred upon the Corporation by any other provision of this Act or under any other written law to exercise its right of forfeiture and right of re-entry for a breach of any of the conditions of a lease.
(8) The compensation to be paid by the Corporation for any flat, house or other building compulsorily acquired by the Corporation under this section shall be determined by the Corporation.