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.