Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1697628674096.pdf (Antigua and Barbuda)
ANTIGUA AND BARBUDA THE STAMP (AMENDMENT) ACT, 2019 No.

35 of 2019 [Published in the Official Gazette Vol.XL No.

3 dated 16th January, 2020] ________ Printed at the Government Printing Office, Antigua and Barbuda, by Noel F. Abraham, Acting Government Printer — By Authority, 2020.

300—01.20 [Price $2.25] The Stamp (Amendment) Act, 2019.

2 No.

35 of 2019.

No.

35 of 2019.

3 The Stamp (Amendment) Act, 2019.

ANTIGUA AND BARBUDA THE STAMP (AMENDMENT) BILL 2019 ARRANGEMENT OF SECTIONS Sections 1.
Short title 2.

Amendment Schedule The Stamp (Amendment) Act, 2019.

4 No.

35 of 2019.

[L.S.]

I Assent, Rodney Williams, Governor-General.

14th January, 2020.

ANTIGUA AND BARBUDA THE STAMP (AMENDMENT) ACT, 2019 No.

35 of 2019 AN ACT to amend the Stamp Act, Cap.

410, to modify the conditions for the stamp duty payable on transfer of property from a parent to a child or grandchild and for incidental and connected purposes.

ENACTED by the Parliament of Antigua and Barbuda as follows – 1.
Short title This Act may be cited as the Stamp (Amendment) Act, 2019.

2.

Amendment of Schedule The Schedule to the Stamp Act, Cap.
410, is amended – (a) in the paragraph under the heading “ CONVEYANCE or TRANSFER ON SALE – by deleting the words “residential property of a value of 500, 000 or less” and replacing it with “property”; (b) by repealing the following paragraph under transfer inter vivos and replacing it with the following paragraph – “CONVEYANCE or TRANSFER, whether voluntary or on sale, of property to the child or grandchild of the transferor which complies with the conditions set No.

35 of 2019.
35 of 2019.

5 The Stamp (Amendment) Act, 2019. out in this paragraph, for every $100 and any fractional part of $100 up to value of $500,000 of the property conveyed or transferred..............................$1.00.

There shall also be payable by the vendor or transferor for every $100 and any fractional part over $100 up to the value of $500, 000 of the property conveyed or transferred........................$1.00.
Where the value of the property exceeds $500,000 for every $100 or any fractional part of $100 in excess of the value of $500,000 of the property conveyed or transferred.............................................. $2.50.

There shall also be payable by the vendor or transferor for every $100 or any fractional part of $100 in excess of the value of $500,000 of the property conveyed or transferred...................................................$2.50.
(a) the transferor shall be the natural or adoptive parent or grandparent of the transferee; and (b) the Commissioner of Inland Revenue shall be provided with such documentation as he may reasonably require to confirm the relationship specified in paragraph (a).” Passed by the House of Representatives on the 6th December, 2019.

Passed by the Senate on the 17th December, 2019.

Gerald Watt, Q.C., Speaker.

Alincia Williams-Grant President.

A. Peters Clerk to the House of Representatives.


(Ag) A. Peters Clerk to the Senate.

(Ag)