Land Valuation And Tax (Special Provisions) Act 1996

Link to law: http://www.bermudalaws.bm/Laws/Annual%20Laws/1996/Acts/Land%20Valuation%20And%20Tax%20%28Special%20Provisions%29%20Act%201996.pdf

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now
Land Valuation And Tax (Special Provisions) Act 1996
The Laws of Bermuda
Annual Volume of Public Acts 1996 : 2

1

5

BERMUDA
1996 : 2

LAND VALUATION AND TAX (REVALUATION POSTPONEMENT)
ACT 1996

[Date of Assent 26 March 1996]

[Operative Date 26 March 1996]

WHEREAS—

(a) a confirmed valuation list was last established for
Bermuda by the Land Valuation Appeal Tribunal on 29
December 1989 in exercise of that Tribunal's powers
under the Land Valuation and Tax Act 1967; and

(b) the validity period of that list ("the 1989 list") was
effectively extended by the Land Valuation and Tax
(1994 Quinquennial Revaluation Postponement) Order
1994, and again by the Land Valuation and Tax (Special
Provisions) Act 1995; and

(c) it is expedient that the validity period of the 1989 list
should be yet further extended:

Be it enacted by The Queen's Most Excellent Majesty, by and
with the advice and consent of the Senate and the House of Assembly of
Bermuda, and by the authority of the same, as follows:

LAND VALUATION AND TAX (REVALUATION POSTPONEMENT)
ACT 1996

2

6

Short title and construction
1 (1) This Act may be cited as the Land Valuation and Tax
(Revaluation Postponement) Act 1996.

(2) This Act shall be read and construed as one with the 1967
Act and the 1995 Act.

Interpretation
2 In this Act —

"the 1967 Act" means the Land Valuation and Tax Act 1967;

"the 1995 Act" means the Land Valuation and Tax (Special
Provisions) Act 1995.

Postponement of effective date of next revaluation
3 Notwithstanding sections 26 and 27, or any other provision, of
the 1967 Act or anything in the 1995 Act—

(a) the quinquennial draft valuation list that was placed on
deposit on 31 March 1995 is cancelled and is of no effect
for any purpose; and

(b) the valuation list that was confirmed by the Land
Valuation Appeal Tribunal on 29 December 1989
continues in full force and effect as the valuation list for
Bermuda until immediately before 1 July 1999.