Amendment to the Exemption from Duty in terms of Article 23 Order

A new proviso to Article 3 of the Order has been added in connection with the exemption of duty on acquisition of first immovable property, specifically in respect of transfers of property made on or after the 9th June 2020. The new proviso (see LN 277 of 2021) which has been added after the fourth proviso to article 3 reads:

“Provided further that in respect of transfersof property made on or after the 9th June 2020, for the purpose of determining whether the property is the first immovable property acquired inter vivos by such person, the previous acquisition by such person of a garage of not more than thirty square metres, shall not be taken into account, so however that this proviso shall not apply if such person has been granted the relief provided under article 32(4)(a) of the Duty on Documents and TransfersAct or under this article:”