Exemption of Duty in terms of article 23 Order

L.N. 8 of 2018

DUTY ON DOCUMENTS AND TRANSFERS ACT

(CAP. 364)

Exemption of Duty in terms of article 23 Order

(Amendment), 2018

IN EXERCISE of the powers conferred by article 23 of the Duty

on Documents and Transfers Act, the Minister responsible for Finance

has made the following order:-

The title of this order is the Exemption of Duty in terms of

article 23 Order (Amendment), 2018, and this order shall be read and

construed as one with the Exemption of Duty in terms of article 23

Order, hereinafter referred to as "the principal order".

Article 3 of the principal order shall be amended as

(a) for the words "on or after the 5th November 2013 but

before the 1st January 2018" there shall be substituted the words

"on or after the 5th November 2013 but before the 1st January

2019."; and

(b) immediately after the first proviso of article 3 thereof

there shall be included the following new provisos

"Provided also that together with the form

contained in the First Schedule of the Duty on Documents

and Transfers Rules, there shall be submitted to the

Commissioner for Revenue legal evidence that no other

immovable property had ever been purchased before, and

that the said form has been delivered to the Commissioner

for Revenue on or before 28th February 2019

Provided also that the benefit would apply on a

pro-rata basis according to the share of the property being

acquired.".

€0.09