Exemption from Tax on Certain Property Transfers

L.N. 129 of 2021

INCOME TAX ACT

(CAP. 123)

Exemption from Tax on Certain Property Transfers

(Amendment) Rules, 2021

IN EXERCISE of the powers conferred by articles 12(2) and

96of the Income Tax Act, the Minister for Finance and Employment

has made the following rules:-

The title of these rules is Exemption from Tax on Certain

Property Transfers (Amendment) Rules, 2021 and these rules shall be

read and construed as one with the Exemption from Tax on Certain

Property Transfers Rules, hereinafter referred to as "the principal

Rule 3 of the principal rules shall be amended as follows: -

(a) in sub-paragraph (i) of paragraph (a) thereof the

words "1 April 2021" shall be substituted by the words "1

August 2021";

(b) in sub-paragraph (ii) of paragraph (a) thereof the

words "30 April 2021" shall be substituted by the words "31

August 2021";

(c) in sub-paragraph (i) of paragraph (b) thereof the

words "1 January 2022" shall be substituted by the words "1

February 2022";

(d) in sub-paragraph (ii) of paragraph (b) thereof the

words "31 March 2021" shall be substituted by the words 31 July

2021"; and

(e) in sub-paragraph (iii) of paragraph (b) thereof the

words "31 January 2022" shall be substituted by the words "28

February 2022".

€0.09