Real Property (Transfer Tax, Charging and Related Provisions) (Sark) Law, 2007 (Amendment) Ordinance, 2023

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The Real Property (Transfer Tax, Charging
and Related Provisions) (Sark) Law, 2007
(Amendment) Ordinance, 2023
 
THE CHIEF PLEAS OF SARK, in pursuance of their Resolution of the 22nd November, 2023, and in exercise of the powers conferred upon it by section 3(4) of the Real Property (Transfer Tax, Charging and Related Provisions) (Sark) Law, 2007[a], and all other powers enabling it in that behalf, hereby order:-
 
1.      Amendment: rate of property transfer tax.
1.      In the Real Property (Transfer Tax, Charging and Related Provisions) (Sark) Law, 2007, in section 3(1), for "4%" substitute "7.5%".
2.      Citation.
2.      This Ordinance may be cited as the Real Property (Transfer Tax, Charging and Related Provisions) (Sark) Law, 2007.
3.      Commencement.
3.      This Ordinance comes into force on 1st January, 2024.
[a]

Order in Council No. VI of 2008; this enactment has been amended.




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