Extension of Exemptions (Duty on Documents and Transfers Act)

L.N. 460 of 2021

DUTY ON DOCUMENTS AND TRANSFERS ACT

(CAP. 364)

Extension of Exemptions (Duty on Documents and Transfers Act)

Order, 2021

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

on Documents and Transfers Act, the Minister for Finance and

Employment has made the following order:-

The title of this order is the Extension of Exemptions (Duty Citation.

on Documents and Transfers Act) Order, 2021.

Part I

Amendments to the Exemption of Duty in terms of article 23 Order

This Part amends the Exemption of Duty in terms of article Amendments of

23 Order and it shall be read and construed as one with the Exemption the

of Duty in terms

of Duty in terms of article 23 Order, hereinafter in this Part referred to of

Order.

as "the principal order".

Article 3 of the principal order shall be amended as Amends article

3 of the

follows

principal order.

(a) in the third proviso thereof, the words "1st January

2022" shall be substituted by the words "1 st January 2023"; and

(b) in the sixth proviso thereof, the words "before the

28th February 2022:" shall be substituted by the words "before

the 28 th February 2023:".

Paragraph (b) of sub-article (1) of article 4 of the principal Amends article

4 of the

order shall be substituted by the following new paragraph

principal order.

"(b) the final deed in relation to such transfer is made by

the 31 st December 2022 and the notice of the final deed in

relation to such transfer is given to the Commissioner for

Revenue by the 28 th February 2023;".

Part II

Amendments to the Duty on Donations of Marketable Securities and

Immovable Property Used for Business (Exemption) Order

This Part amends the Duty on Donations of Marketable

Securities and Immovable Property Used for Business (Exemption)

Order and it shall be read and construed as one with the Duty on

Donations of Marketable Securities and Immovable Property Used for

Business (Exemption) Order, hereinafter in this Part referred to as "the

principal order".

In article 3 of the principal order, the words "1st January

2022" shall be substituted by the words "1 st January 2023".

In the proviso to sub-article (1) of article 4 of the principal

order, the words "31 st December 2021" shall be substituted by the

words "31 st December 2022".

Part III

Amendments to the Duty on the Acquisition of the Second Immovable

Property to be used as Sole Residence (Exemption) Order

This Part amends the Duty on the Acquisition of the

Second Immovable Property to be used as Sole Residence

(Exemption) Order and it shall be read and construed as one with the

Duty on the Acquisition of the Second Immovable Property to be used

as Sole Residence (Exemption) Order, hereinafter in this Part referred

to as "the principal order".

Article 6 of the principal order shall be amended as

follows

(a) the words "31st December 2021" shall be substituted

by the words "31 st December 2022"; and

(b) the words "28th February 2022" shall be substituted

by the words "28 th February 2023".

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