EXEMPTION OF TAX ON CAPITAL GAINS  ġ S.L.123.36 1
SUBSIDIARY LEGISLATION 123.36
EXEMPTION OF TAX ON CAPITAL GAINS ORDER
1st January, 1996
LEGAL NOTICE 195 of 1995. 
Title.
Gains Order.
Exemption.
Cap. 123.
2. The provisions of article 4(1)( a )(i) of the Income Tax Act
shall not apply to gains or profits relating to the transfer of the
ownership or usufruct of any immovable property or to the
assignment or cessation of any rights over such property, which the
transferor may have acquired through a transfer  causa mortis  and
where such transfer is made on or after the 1st January, 1996.
