Responsibility for Paying Temporary Development Levy

Debated in Parliament on 2 Feb 2021.

Summary written by AI (learn more)

Gerald Giam asked whether landlords or tenants are responsible for paying the Temporary Development Levy.
Desmond Lee explained that the levy applies when temporary land value enhancement occurs due to Temporary Permission for change-of-use or minor works.
Under the Planning Act, the levy is payable by the owner or the TP applicant, with URA leaving the decision to stakeholders.
The response clarified that URA does not mandate who pays, allowing parties to negotiate the responsibility.

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Gerald Giam Yean Song

Mr Gerald Giam Yean Song asked the Minister for National Development whether the responsibility for paying the Temporary Development Levy rests with landlords or tenants.

Desmond Lee

The Temporary Development Levy (TDL) is payable when temporary enhancement of land value occurs when Temporary Permission (TP) is granted, for a temporary change-of-use or minor building works.

Under Section 40B of the Planning Act, the TDL shall be paid for by the owner of the premises or the applicant for the TP. URA does not prescribe which party should pay the TDL – it is up to the relevant stakeholders to discuss and make a commercial decision.

Responsibility for Paying Temporary Development Levy

Debated in Parliament on 2 Feb 2021.

Summary written by AI (learn more)

Gerald Giam asked whether landlords or tenants are responsible for paying the Temporary Development Levy.
Desmond Lee explained that the levy applies when temporary land value enhancement occurs due to Temporary Permission for change-of-use or minor works.
Under the Planning Act, the levy is payable by the owner or the TP applicant, with URA leaving the decision to stakeholders.
The response clarified that URA does not mandate who pays, allowing parties to negotiate the responsibility.

Questions identified by AI (learn more)

Full Transcript

Gerald Giam Yean Song

Mr Gerald Giam Yean Song asked the Minister for National Development whether the responsibility for paying the Temporary Development Levy rests with landlords or tenants.

Desmond Lee

The Temporary Development Levy (TDL) is payable when temporary enhancement of land value occurs when Temporary Permission (TP) is granted, for a temporary change-of-use or minor building works.

Responsibility for Paying Temporary Development Levy | PAPERCUTS

Responsibility for Paying Temporary Development Levy

Summary

Questions Identified

Full Transcript

Gerald Giam Yean Song

Desmond Lee

Summary

Questions Identified

Responsibility for Paying Temporary Development Levy

Summary

Questions Identified

Full Transcript

Gerald Giam Yean Song

Desmond Lee

Summary

Questions Identified