Stamp Duties Amendment Act 1999
STAMP DUTIES AMENDMENT ACT 1999

1

BERMUDA
1999 : 35

STAMP DUTIES AMENDMENT ACT 1999

[Date of Assent 23 August 1999]

[Operative Date 23 August 1999]

WHEREAS it is expedient to amend the Stamp Duties Act 1976
to effect a change in responsibility for its administration from the
Accountant General to the Tax Commissioner:

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:

Citation
1 This Act may be cited as the Stamp Duties Amendment Act
1999.

Amendment of section 1 of principal Act
2 Section 1 of the Stamp Duties Act 1976 ("the principal Act") is
amended by inserting next after the definition of "stamp duty" the
following definition—

" "Tax Commissioner" means the person appointed as Tax
Commissioner under section 2 of the Employment Tax Act
1973;".

STAMP DUTIES AMENDMENT ACT 1999

2

General amendment of principal Act
3 The principal Act is amended in sections 6(2) 8(1), (2) and (3),
9(3)(a) and (b), 10(1),(2) and (4), 11(2), 13, 14, 15, 21(1) and (2), 22(1),
(2), (3), (4) and (6)(a), 23(1), (2) and (4), 24, 25, 26, 27, 38(3), (5) and (6),
39(1) and (2), 43, 44, 49, 56(1) and (2), 57, 71(1) and (3) and 73 and in
the headings to sections 22 and 23 and in paragraphs (e)(ii) of Head 15
and (b)(ii) of Head 17 of the Schedule by deleting the words "Accountant
General" wherever they appear and substituting the words "Tax
Commissioner".

Amendment of SR&O 29 of 1976
4 The Stamp Duties (Marketable Securities and Shares)
(Composition of Duty) Order 1976 is amended in the heading to
paragraph 1 and in paragraphs 1 and 3 by deleting the words
"Accountant General" wherever they appear and substituting the words
"Tax Commissioner".