Clarification by Senior Minister of State for Finance

The following statement was in the response speech given by the Senior Minister of State for Finance (Mr Chee Hong Tat) during the Second Reading of the Stamp Duties (Amendment) Bill at the Sitting of 5 July 2022:

The Senior Minister of State for Finance (Mr Chee Hong Tat) (for the Deputy Prime Minister and Minister for Finance): I am glad that all the Members who have spoken agree with the proposed changes. This will allow us to move forward to apply the new changes with effect from 9 May in the manner which I described earlier. [Please refer to “Stamp Duties (Amendment) Bill”, Official Report, 5 July 2022, Vol 95, Issue No 64, Second Reading Bill section.]

Written statement by Mr Chee Hong Tat circulated with leave of the Speaker in accordance with Standing Order No 29(5):

I wish to make the following factual correction to the reply given during the Second Reading of the Stamp Duties (Amendment) Bill at the Sitting of 5 July 2022. My reply should read as follows:

The Senior Minister of State for Finance (Mr Chee Hong Tat) (for the Deputy Prime Minister and Minister for Finance): I am glad that all the Members who have spoken agree with the proposed changes. This will allow us to move forward to apply the new changes with effect from 10 May in the manner which I described earlier.