Page 1

18th March 2013

Attorney General’s Chambers

STAMP DUTY (AMENDMENT) BILL 2013 Arrangement of Clauses CLAUSE

1. 2. 3.

Short title and commencement Interpretation Section 4A repealed

1


18th March 2013

Attorney General’s Chambers

TURKS AND CAICOS ISLANDS Proposal for A

BILL For AN ORDINANCE TO AMEND THE STAMP DUTY ORDINANCE; AND FOR CONNECTED PURPOSES.

ENACTED by the Legislature of the Turks and Caicos Islands. Short title and commencement

1. This Ordinance may be cited as the Stamp Duty (Amendment) Ordinance 2013 and comes into operation on 1st July 2013.

Interpretation

2. In this Ordinance ‘principal Ordinance” means the Stamp Duty Ordinance.

Section 4A repealed

3. Section 4A of the principal Ordinance is repealed.

Passed by the House of Assembly this

day of

2013.

Robert Hall

Tracey Parker

Speaker

Clerk to the House of Assembly

2


18th March 2013

Attorney General’s Chambers

EXPLANATORY MEMORANDUM

This Bill seeks to amend the Stamp Duty Ordinance to discontinue the payment of stamp duty in instalments and the 10% discount offered to persons who paid stamp duty in full upon presentation of the instrument for stamping. The option to pay stamp duty in instalments and the 10% discount offered to persons who paid stamp duty in full were changes introduced by an amendment to the Ordinance in 2010.

3

Stamp duty (amendment) bill  
Read more
Read more
Similar to
Popular now
Just for you