Stamp Duties (Amendment of Schedule) Regulations, 2014

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Year: 
2014
Number of SL: 
17
In-force: 
Yes

LEGAL NOTICE NO. 17 OF 2014

 

Stamp Duties (Amendment of Schedule) Regulations, 2014

 

In exercise of the powers conferred on me by section 35 of the Stamp Duties Act,

 

,

19721   I,

 

 

DR. LEKETEKETE VICTOR KETSO Minister responsible for finance, make the following regulations: Citation and commencement

1.         These Regulations  may be cited as the Stamp Duties (Amendment  of Schedule) Regulations, 2014 and shall come into operation on the date of pub- lication in the Gazette.

 

Amendment of Schedule

 

2.          (a)         The Schedule to the Stamp Duties Act, 1972 is amended in item

19(4) by deleting the full  stop that appears at the end of sub-item

(b) and substituting it with a semi-colon; and

 

(b)         by adding the following sub-items after sub-item (b)

 

"(c)      the issue and registration of transfer of a marketable se- curity, if the marketable security is issued by a registered company or financial institution, either for themselves

or on behalf of their customers; and

 

(d)        transfer or a registered marketable security to a third

party." .

 

DATED: 27TH FEBRUARY, 2014.

 

DR. LEKETEKETE  VICTOR KETSO MINISTER OF FINANCE

 

NOTE

 

1.         Act No. 42 of 1972 as amended