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(1) These Regulations may be cited as the Stamp Duty (Rates of Duty) (No. 2) Regulations, 2025. (2) These Regulations come into force on 1st January, 2026. Regulation 2 SL 63 of 2025\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_2\", \"num\": \"2.\", \"text\": \"Amendment of the Schedule to the Stamp Duty Act (2019 Revision) - rates of duty 2. The Stamp Duty Act (2019 Revision) is amended in the Schedule as follows \u2014 (a) under the head of duty entitled \u201cCONVEYANCE OR TRANSFER of any immovable property\u201d as follows \u2014 (i) by repealing paragraph (2) and substituting the following paragraph \u2014 \u201c(2) The charge to duty on a conveyance or transfer of immovable property is as follows \u2014 (a) 7.5% of the consideration, where the consideration is less than $2,000,000; and (b) 10% of the consideration, where the consideration is $2,000,000 or more.\u201d; (ii) in paragraph (10) as follows \u2014 (A) in subparagraph (b), by deleting the word \u201cand\u201d appearing at the end of the subparagraph; and (B) by repealing subparagraph (c) and substituting the following subparagraphs \u2014 \u201c(c) duty at the rate of 7.5% is chargeable on the instrument if \u2014 (i) in the case of land with a building, the consideration exceeds $650,000 but is less than $2,000,000; or (ii) in the case of land without a building, the consideration exceeds $350,000 but is less than $2,000,000; and (d) duty at the rate of 10% is chargeable on the instrument if \u2014 (i) in the case of land with a building, the consideration is $2,000,000 or more; or (ii) in the case of land without a building, the consideration is $2,000,000 or more.\u201d; (iii) in paragraph (11) as follows \u2014 (A) in subparagraph (b), by deleting the word \u201cand\u201d appearing at the end of the subparagraph; and (B) by repealing subparagraph (c) and substituting the following subparagraphs \u2014 \u201c(c) duty at the rate of 7.5% is chargeable on the instrument if \u2014 Regulation 2 SL 63 of 2025 (i) in the case of land with a building, the consideration exceeds $700,000 but is less than $2,000,000; or (ii) in the case of land without a building, the consideration exceeds $550,000 but is less than $2,000,000; and (d) duty at the rate of 10% is chargeable on the instrument if \u2014 (i) in the case of land with a building, the consideration is $2,000,000 or more; or (ii) in the case of land without a building, the consideration is $2,000,000 or more.\u201d; (iv) in paragraph (11A) as follows \u2014 (A) in subparagraph (a), by deleting the word \u201cand\u201d appearing at the end of the subparagraph; and (B) by repealing subparagraph (b) and substituting the following subparagraphs \u2014 \u201c(b) duty at the rate of 7.5% is chargeable on the instrument if \u2014 (i) in the case of land with a building, the consideration exceeds $600,000 but is less than $2,000,000; or (ii) in the case of land without a building, the consideration exceeds $300,000 but is less than $2,000,000; and (c) duty at the rate of 10% is chargeable on the instrument if \u2014 (i) in the case of land with a building, the consideration is $2,000,000 or more; or (ii) in the case of land without a building, the consideration is $2,000,000 or more.\u201d; and (v) in paragraph (11B) as follows \u2014 (A) in subparagraph (a), by deleting the word \u201cand\u201d appearing at the end of the subparagraph; and (B) by repealing subparagraph (b) and substituting the following subparagraphs \u2014 \u201c(b) duty at the rate of 7.5% is chargeable on the instrument if \u2014 (i) in the case of land with a building, the consideration exceeds $700,000 but is less than $2,000,000; or Regulation 2 SL 63 of 2025 (ii) in the case of land without a building, the consideration exceeds $550,000 but is less than $2,000,000; and (c) duty at the rate of 10% is chargeable on the instrument if \u2014 (i) in the case of land with a building, the consideration is $2,000,000 or more; or (ii) in the case of land without a building, the consideration is $2,000,000 or more.\u201d; and (b) under the head of duty entitled \u201cCONVEYANCE OR TRANSFER of any immovable property within a development scheme and forming part of a linked property transaction\u201d, by repealing paragraphs (2), (3) and (4) and substituting the following paragraphs \u2014 \u201c(2) The charge to duty on a conveyance or transfer of immovable property which is part of a linked property transaction is \u2014 (a) 7.5% of the total value of the linked property transaction, where the total value of the linked property transaction exceeds $300,000 but is less than $2,000,000; or (b) 10% of the total value of the linked property transaction, where the total value of the linked property transaction is $2,000,000 or more. (3) The charge to duty on an agreement to convey or transfer bare land in the first part of a linked property transaction is \u2014 (a) 3.75% of the total value of the linked property transaction, where the total value of the linked property transaction exceeds $300,000 but is less than $2,000,000; or (b) 5% of the total value of the linked property transaction, where the total value of the linked property transaction is $2,000,000 or more, payable within 45 days of the date the agreement is first signed by the buyer. (4) The charge to duty on a conveyance or transfer of immovable property in the second part of a linked property transaction is \u2014 (a) 3.75% of the total value of the linked property transaction, where the total value of the linked property transaction exceeds $300,000 but is less than $2,000,000; or (b) 5% of the total value of the linked property transaction, where the total value of the linked property transaction is $2,000,000 or more, Regulation 3 SL 63 of 2025 payable within 45 days of the date the conveyance or transfer is first signed by the buyer.\u201d.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_3\", \"num\": \"3.\", \"text\": \"Transitional provisions 3. Every \u2014 (a) conveyance of immovable property; (b) transfer of immovable property; or (c) agreement or memorandum for the sale, purchase, conveyance or transfer of immovable property, that was executed before the date of the commencement of these Regulations shall carry the same rate of duty that applied prior to such date as if these Regulations had not come into force. Made in Cabinet the 11th day of December, 2025. Kim Bullings Clerk of the Cabinet Laid in the Parliament the 12th day of December, 2025 in accordance with section 27(2) of the Stamp Duty Act (2019 Revision). 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and\n(b) 10% of the consideration, where the consideration is\n$2,000,000 or more.\u201d;\n(ii) in paragraph (10) as follows \u2014\n(A) in subparagraph (b), by deleting the word \u201cand\u201d appearing at\nthe end of the subparagraph; and\n(B) by repealing subparagraph (c) and substituting the following\nsubparagraphs \u2014\n\u201c(c) duty at the rate of 7.5% is chargeable on the instrument\nif \u2014\n(i) in the case of land with a building, the consideration\nexceeds $650,000 but is less than $2,000,000; or\n(ii) in the case of land without a building, the\nconsideration exceeds $350,000 but is less than\n$2,000,000; and\n(d) duty at the rate of 10% is chargeable on the instrument if \u2014\n(i) in the case of land with a building, the consideration is\n$2,000,000 or more; or\n(ii) in the case of land without a building, the\nconsideration is $2,000,000 or more.\u201d;\n(iii) in paragraph (11) as follows \u2014\n(A) in subparagraph (b), by deleting the word \u201cand\u201d appearing at\nthe end of the subparagraph; and\n(B) by repealing subparagraph (c) and substituting the following\nsubparagraphs \u2014\n\u201c(c) duty at the rate of 7.5% is chargeable on the instrument\nif \u2014\n\nStamp Duty (Rates of Duty) (No. 2) Regulations, 2025\nRegulation 2\n\nc\nSL 63 of 2025\nPage 5\n\n(i) in the case of land with a building, the consideration\nexceeds $700,000 but is less than $2,000,000; or\n(ii) in the case of land without a building, the consideration\nexceeds $550,000 but is less than $2,000,000; and\n(d) duty at the rate of 10% is chargeable on the instrument if \u2014\n(i) in the case of land with a building, the consideration is\n$2,000,000 or more; or\n(ii) in the case of land without a building, the consideration is\n$2,000,000 or more.\u201d;\n(iv) in paragraph (11A) as follows \u2014\n(A) in subparagraph (a), by deleting the word \u201cand\u201d appearing at\nthe end of the subparagraph; and\n(B) by repealing subparagraph (b) and substituting the following\nsubparagraphs \u2014\n\u201c(b) duty at the rate of 7.5% is chargeable on the instrument\nif \u2014\n(i)\nin the case of land with a building, the consideration\nexceeds $600,000 but is less than $2,000,000; or\n(ii) in the case of land without a building, the\nconsideration exceeds $300,000 but is less than\n$2,000,000; and\n(c)\nduty at the rate of 10% is chargeable on the instrument\nif \u2014\n(i)\nin the case of land with a building, the consideration\nis $2,000,000 or more; or\n(ii) in the case of land without a building, the\nconsideration is $2,000,000 or more.\u201d; and\n(v) in paragraph (11B) as follows \u2014\n(A) in subparagraph (a), by deleting the word \u201cand\u201d appearing at\nthe end of the subparagraph; and\n(B) by repealing subparagraph (b) and substituting the following\nsubparagraphs \u2014\n\u201c(b) duty at the rate of 7.5% is chargeable on the instrument\nif \u2014\n(i)\nin the case of land with a building, the consideration\nexceeds $700,000 but is less than $2,000,000; or\n\nRegulation 2\nStamp Duty (Rates of Duty) (No. 2) Regulations, 2025\n\nPage 6\nSL 63 of 2025\nc\n\n(ii) in the case of land without a building, the\nconsideration exceeds $550,000 but is less than\n$2,000,000; and\n(c)\nduty at the rate of 10% is chargeable on the instrument\nif \u2014\n(i)\nin the case of land with a building, the consideration\nis $2,000,000 or more; or\n(ii) in the case of land without a building, the\nconsideration is $2,000,000 or more.\u201d; and\n(b) under the head of duty entitled \u201cCONVEYANCE OR TRANSFER of any\nimmovable property within a development scheme and forming part of a\nlinked property transaction\u201d, by repealing paragraphs (2), (3) and (4) and\nsubstituting the following paragraphs \u2014\n\u201c(2) The charge to duty on a conveyance or transfer of immovable\nproperty which is part of a linked property transaction is \u2014\n(a) 7.5% of the total value of the linked property transaction, where\nthe total value of the linked property transaction exceeds\n$300,000 but is less than $2,000,000; or\n(b) 10% of the total value of the linked property transaction, where\nthe total value of the linked property transaction is $2,000,000\nor more.\n(3) The charge to duty on an agreement to convey or transfer bare land\nin the first part of a linked property transaction is \u2014\n(a)\n3.75% of the total value of the linked property transaction,\nwhere the total value of the linked property transaction exceeds\n$300,000 but is less than $2,000,000; or\n(b) 5% of the total value of the linked property transaction, where\nthe total value of the linked property transaction is $2,000,000\nor more,\npayable within 45 days of the date the agreement is first signed by\nthe buyer.\n(4) The charge to duty on a conveyance or transfer of immovable\nproperty in the second part of a linked property transaction is \u2014\n(a)\n3.75% of the total value of the linked property transaction,\nwhere the total value of the linked property transaction exceeds\n$300,000 but is less than $2,000,000; or\n(b) 5% of the total value of the linked property transaction, where\nthe total value of the linked property transaction is $2,000,000\nor more,\n\nStamp Duty (Rates of Duty) (No. 2) Regulations, 2025\nRegulation 3\n\nc\nSL 63 of 2025\nPage 7\n\npayable within 45 days of the date the conveyance or transfer is first signed by\nthe buyer.\u201d.\n3.\nTransitional provisions\n3.\nEvery \u2014\n(a)\nconveyance of immovable property;\n(b) transfer of immovable property; or\n(c)\nagreement or memorandum for the sale, purchase, conveyance or transfer\nof immovable property,\nthat was executed before the date of the commencement of these Regulations shall\ncarry the same rate of duty that applied prior to such date as if these Regulations had\nnot come into force.\nMade in Cabinet the 11th day of December, 2025.\nKim Bullings\nClerk of the Cabinet\nLaid in the Parliament the 12th day of December, 2025 in accordance with section\n27(2) of the Stamp Duty Act (2019 Revision).\nZena Merren-Chin\nClerk of the Parliament","akn_extracted_at":"2026-06-22 15:40:11.599189+00","cms_id":"2025-0063","law_type":"subordinate","year":"2025","number":"63","title":"Stamp Duty (Rates of Duty) (No. 2) Regulations, 2025","status":"in_force"},"provenance":{"files":[{"file_id":"5123","expr_id":"253","kind":"akn_xml","filename":"2025-0063_SL 63 of 2025.akn.xml","source_url":null,"storage_path":"\/Users\/q\/kyleg-data\/working\/SUBORDINATE\/2025\/2025-0063\/2025-0063_SL 63 of 2025.akn.xml","content_md5":"a65e6d572214b994b22e075984fcc0b4","byte_size":"9698","http_last_modified":null,"fetched_at":"2026-06-22 15:40:11.655493+00"},{"file_id":"505","expr_id":"253","kind":"pristine_pdf","filename":"2025-0063_SL 63 of 2025.pdf","source_url":"\/cms\/images\/LEGISLATION\/SUBORDINATE\/2025\/2025-0063\/2025-0063_SL 63 of 2025.pdf","storage_path":"\/Users\/q\/kyleg-data\/pristine\/SUBORDINATE\/2025\/2025-0063\/2025-0063_SL 63 of 2025.pdf","content_md5":"c60f197424a3652bc5a87d8ec9782391","byte_size":"213299","http_last_modified":null,"fetched_at":"2026-06-21 23:09:38.009021+00"},{"file_id":"506","expr_id":"253","kind":"working_pdf","filename":"2025-0063_SL 63 of 2025.pdf","source_url":"\/cms\/images\/LEGISLATION\/SUBORDINATE\/2025\/2025-0063\/2025-0063_SL 63 of 2025.pdf","storage_path":"\/Users\/q\/kyleg-data\/working\/SUBORDINATE\/2025\/2025-0063\/2025-0063_SL 63 of 2025.pdf","content_md5":"c60f197424a3652bc5a87d8ec9782391","byte_size":"213299","http_last_modified":null,"fetched_at":"2026-06-21 23:09:38.009021+00"}],"paragraph_count":9,"latest_history":null},"quality":{"expr_id":"253","doc_id":"253","quality_state":"needs_review","quality_score":"72","needs_human_review":"t","deterministic_categories":"{commencement_metadata_problem,duplicate_text,page_header_footer_noise}","llm_categories":"{ok}","repair_actions":"{collapse_duplicate_text,strip_page_furniture,verify_commencement_metadata}","finding_severity_counts":"{}","finding_summary":"Extraction appears complete and metadata aligns with visible text.","assessed_at":"2026-06-22 15:29:46.153543+00","updated_at":"2026-06-22 15:29:46.153543+00"}}