DUTY ON DOCUMENTS AND TRANSFERS ġS.L.364.10 1
SUBSIDIARY LEGISLATION 364.10
DUTY ON DOCUMENTS AND TRANSFERS ORDER
26th November, 2002;
1st January, 2004
LEGAL NOTICES 349 of 2002 and 113 of 2004, consolidated.
Citation.
Transfers Order.
Value of 
concessionary rate.
2. The concessionary rate of three liri and fifty cents per one
hundred liri or part thereof shall apply on the value of the first
thirty thousand liri in respect of acquisition of immovable property
for the purpose of establishing therein or constructing thereon the
sole ordinary residence.
Concessionary rate 
under article 40 of 
the Duty on 
Documents and 
Transfers Act.
3. On the acquisition of immovable property by an
emphyteutical grant for a period exceeding fifty years the duty
chargeable under the Duty on Documents and Transfers Act on the
first one thousand and five hundred liri of the yearly groundrent
shall be reckoned at fifty per centum of the rates of duty applicable.
Exemption of 
divisions.
Cap. 364.
Cap. 386.
4. No duty otherwise chargeable with duty under the
provisions of the Duty on Documents and Transfers Act shall be
chargeable on any deed of declaration consequent to division of
companies where the draft terms of division had been forwarded to
the Registrar of Companies on or prior to the 24th November, 2003
and the Registrar had published the relevant statement in the
Government Gazette in terms of the provisions of the Companies
Act, on or prior to the 31st December, 2003 provided a copy of the
relative publication is attached to the deed of division.
