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← Land Titles (Strata) Act 1967

Land Titles (Strata) Act 1967 s 30

s 30 Share values

30.—(1) Each lot including a provisional lot (except an accessory lot) shown in a strata title plan has its share value determined as shown in the strata title application registered under section 9. (1A) In the case of a strata title plan comprising land and buildings in respect of which planning permission has been granted on or after 15 April 1976, each lot shown in that plan has the share value as shown in the schedule of strata units filed with and accepted by the Commissioner under section 11 of the Building (Strata Management) Act 2004.[Act 12 of 2020 wef 01/10/2025] (2) The share value of a lot determines —(a) the voting rights of the subsidiary proprietors; (b) the quantum of the undivided share of each subsidiary proprietor in the common property; and (c) the amount of contributions levied by a management corporation on the subsidiary proprietors of all the lots in a subdivided building.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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