Following the recent announcements to the  additional buyer’s stamp duty (ABSD) on purchases of residential properties, Article 3 of the First Schedule to the Stamp Duties Act has been amended by the ‘Stamp Duties Act (Amendment of the First Schedule) (No  2) Notification 2011’.

The First Schedule relates to “Instruments Chargeable with Stamp Duty”.

This Notification is effective from 8 December 2011.

Source: e-Gazette