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Document Duty (Amendment) Ordinance, 2017

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The Document Duty (Amendment) Ordinance, 2017
 
THE STATES POLICY & RESOURCES COMMITTEE, in pursuance of the Resolution of the States of the 2nd November, 2016[a], in exercise of the powers conferred upon the States by sections 1 and 6 of the Document Duty (Guernsey) Law, 1973[b], and in exercise of the powers conferred on the Committee by Article 66A(1) of the Reform (Guernsey) Law, 1948[c], as amended, hereby orders:-
 
Amendment to Schedule 1.
1.      In the third column of paragraph 3 of Schedule 1 to the Document Duty Ordinance, 2003[d], for the words from "2% of a sum" to the end, substitute "(a) 2% of the value of the realty in respect of which no additional consideration is payable, or (b) if the value of the realty acquired by each party is equal, 2% of that value.".
 
Interpretation.
2.      Any reference in this Ordinance to an enactment is a reference thereto as from time to time amended, re-enacted (with or without modification), extended or applied.
 
Extent.
3.      This Ordinance shall have effect in the Islands of Guernsey and Alderney.
 
Citation.
4.      This Ordinance may be cited as the Document Duty (Amendment) Ordinance, 2017.
 
Commencement.
5.      This Ordinance shall be deemed to have come into force on 1st January, 2017.
 

[a]

Article I of Billet d'État No. XXVI of 2016.

[b]

Ordres en Conseil Vol. XXIV, p. 74; amended by Ordres en Conseil Vol. XXIV, p. 236; Vol. XXXI p. 278; Order in Council No. XXVI of 2002; as applied to Alderney by Ordinance No. VI of 2003.

[c]

Ordres en Conseil Vol. XIII, p. 288; Order in Council No. XVII of 2015; there are further amendments not relevant to this Ordinance.

[d]

Ordinance No. VI of 2003; amended by Ordinance No. XVIII of 2006; Nos. XXXVII and XXXIX of 2007; No. LVII of 2008; and No. XXXIII of 2016.