ACT No. , of 1.988 III~ AN ACT further 10 amend J,1It>lol'(1b1e Property (Acqu isilioll by N (/I1· RllSidenlJ) Act. 1974.

I auen!.

PAU l. X U El"~B

(1..5.)

Act ing President

19th J an uary. 1988

ACT No. , of 1.988

III~

AN ACT further 10 amend

J,1It>lol'(1b1e Property (Acqu isilioll by

N (/I1· RllSidenlJ) Act. 1974.

HE IT ENACfED by the President. by and with the ad~ice and

CQn~nI of the

House if Representa tive!. in th is present Pa rliamen t

IWtm bled. and by the authority of Ihe same. a! follows

This Act may he cited as the Immovable Propcny Sho<t Title.

(Acquisition by Non-Resi denl') (Amendment) A ct. 1988. and shall be

rcatl :md const rued as onc with the Immovable PropeTly (Acquisition by "'''' XXXVII

Non-Resitlent s) Act. 1974. hcrinafter referred 10 as "the principal Act". of !97 ~ .

1. Seclion 2 of the principal Act shall be a mended aI follows

"'m..,dm •• t or

.e<tioo 2 0( II>c

(a) for the definition of " Ministe,"' there shall be substi tuted prioolJ"lOI "' ...

Ihe following

~ ~Min il;ter" nleans the Minister mponsible fot finance.

and ~PI for the purpQ§t'l of an order made: in terms of para·

graph (b) of 5ub$ection (I) of section S. and for the purpa;e:s 01

sectinn 7 of the A ct. incl udes where dele&ated in writing by

the Minister. any public officer in the Ministry of Finance 10

tle1ega tcd by the Minister: "

tb) for sub-paragraph (iii) of paragraph tb) in the definition

of "non-residen t person" there shall be substituted the following

"(iiil twenty-fi"e per cent or more of its share or other

capital is owned by a non·resident pel"$OO; or"; and

(cl fot the definition "resident of Malt." there sh.all be sub-

stituted the fol lowing

""resident of Malta" mean.s an i nd i~idual who is-

(a)

a ci tizen of Ma lt a; or

(bJ the spouse oC a ci tizen of Mal ta if between such

spuuSC'S there is established the communi ty of aequestS:" .

J. Section 3 of the principa l Act sh all be amended as follow'

(a) the present provision shall be renumbered as subsection 0 )

thereof: and

(h) immediately hller SUb!ieClion (I) thereof. as renumbered

Ihere sha ll be added Ihe following subs«tion

SUbsection tI) of this ~l iO<l. shall 110\ apply to

-(2)

the acquisi tion of a grave or a sile for a grave by a

(a)

non- residCIll person: and

(h) 10 the redemption by a non-residen t per$OD of any

groundrcrll or mher burthen encumbering a ny immova ble

property lawfully acq ui red by such non-residen t pcl'$On ,".

Subsection ( I) of osection ~ of [he principal ACI shan be amended

(a) minno!.: id.Jdinizzjoni la' "M inislru" ghandu jidllol dan J..ortltolp 2 to'

).."11 prb>ttI!&U.

I; tej

""M;nistru" tfisser il-Ministru responsabbli ghall.finanxi,

u miobarr1l gllal1-finijiet la' ordni Ii js;r skood il-paragrafu (t.)

tas-subarlikolu (!) ta' 1-..,lil;olu 5, u g!la!!-fi nijiel ta'\-artitolu 7

la' I-All. linkludi melU jkun delegal bi l-miktub mi!!_MiniSlru,

kull uffiCjal pubbliku fil-Ministeru lal-Finaozi 1i jkun bekk

dekgat mill-Mioislru;-;

(11) minrok is-subpardgm ru (iju tal-paragrafu (bi fid«fioiz-

zjon, ta' "pcrsuna mhu~ residenti gIIandu jidl'lol dan 1i &ej

H

"(Hi) !lamsa u g!loxrin m-mija jew itjed mil J.kapital

lIu)onali jew kapital lellor tallllha jkun proprjellt In' persuna

mhux residenli; jew"; u

(t) minnok id-defi nizx;on; Ypo:rsuna residenl; ta' Maha"

gllandu jidllol dan li gej

""pers una residenti ta' Malta" tfisscr ind ividwu 1i jlruo _

(a) Cilladin ta' Malta; jcw

(b) miUcwwcl! lil Ciulldin ~w tillad in a la' MallH

je k); bc:jn da.,,1;: il·miticwl!in ih n hcmm ldi~ti ]·kom unjoni la'

I·a~kwisli;n.

L.artik olu 3 ta ' [·AII printipali gllllndu jia, cmcnda t kif ./!cj

lal id-d ispoi.i1.zjoni preienli ghandha litl enumcrlUD mill·idid

bha la H llbartikolu (I) Ikghu; u

(b) minnufIh "''lira ~sllba n ikolu m tiegllu, kif enumellll mill-

tdid, ghandu jiidied dan iwubartik ol u Ji iej

"(2)

b-su ban ikolu (I) la' dan 1·arliknl\! ma ghandu:.: jap-

p'ita glial

la) 1 ... ktwist la' qabar jcw 5il pal qabar minD persuna

mhull Te$idenli; 11

(bl il-fidwa minn persuna rnhull residenti ta' kun Cells

jew pit iellor fuq tun proprjetl immobbli 1i Ikun lie! akkwi5-

lata , tond i)·]igi min n dik il·pert"n. mhux residenti.".

l$-liubartikolu (I) la' ]·a n ikol u S la' [·A II pril'ltipali gblodu jil;i

emendat tif AeJ

(a) Olioflok iI·kl iem "si n elef lira" fjI.paragrafu (b) tiegllu

gllandhom jidblu '·kHem " lminl elef lira Maltijl"; U

(b) minnufih wara I·paragrafu (bl tal·proviso li hemm miegllu,

gbandu jitdied dan il-proviso li Bel

" l ido wkoll iJ·M ini sl ru jista' jtomm H·pemless lieghu

gha ll·ak kwi st ta' kull proprj elb. immobbli li huwa jqis 1i jkollha

importanza slorika. Jew 1i Ikun tinstab MokBHtk stOTika.",

5, I d.dispoti~7.ionijiet 131·pBragrafu (b) tad·definiujoni ta' "penruno

K

resident; ta' Malta n·artikolu 2 ta' I·An pr ineipa li kif emendat b'dan

I· An . gflandhom jilqiesu 1i bd~w i5Chhu fil·30 la ' Mejj u, 1914.

Mghodd i mill-Kamra lad-[)epu ta ti fi5-S«l ula Nru. 59 lal-13 ta ' Ja nnar. 1988.

JIMMY FARRUGlA

SJM~k.er

P. MUSCAT TEKR1BILE

Avnl Slcri.'ott Im-}(omm rad·!k,n" (lli

u follows

(a) for the words "six thousand pounds" in pa.-.glllph IN

thereof there shaH be substituted the words "eight tbOllsand Maltese

li ri" : and

(bl im med iate ly after pa ragraph (b) of the proviso thereto,

there sh all be added the foHowing proviso

" Provided furt her that the Minister may withhold his

permissiOl1 for the acquisi tion of any im movable property wh ich

he considers to be of historical impol1ance, or IS being lituate

in a historical locality.".

S, The provisiOl1s of paragl1lph (b) of tbe defioitiOl1 of "resident

of Malta" in section 2 of Ihe prin~ipal Act as amended by this Act, shaH

be deemed to have come into force 00 the 30th May. 1974.

Passed by the House of Re prc~ n t ati\'es at Sit1 ing No. 59 of the 13th January. 19R5 .

Jt!lt!lty F .4.RMUOt.4.

SPfilk~

P. M U~C.4.T T ellR1BIU

ACI,nll Clerk /0 'he H OU1C of X epre.JCm"'i~·u

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