Stamp Duties (Terminated Leases) (Remission) Rules 2012 come into operation on 20 February 2012

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22 February 2012

The Stamp Duties (Terminated Leases) (Remission) Rules 2012, published on 20 February 2012 shall come into operation on 20 February 2012.

The rules cover:

  • Remission of stamp duties for terminated leases and agreements for lease,  whereby if a lease or agreement is terminated on or after 19 February 2011, the amount of duty in excess of $50 that is chargeable on every lease or agreement for a lease of any immovable property will be remitted.
  • Conditions for remission.

Source: e-Gazette