The Property Transfer Tax (Amendment)

The Property Transfer Tax [No. 4 of 2009 33
GOVERNMENT OF ZAMBIA
ACT
No. 4 of 2009
Date of Assent: 31 March, 2009
An Act to amend the Property Transfer Tax Act.
[ 3rd April, 2009
ENACTED by the Parliament of Zambia.
(1) This Act may be cited as the Property Transfer Tax
(Amendment) Act, 2009, and shall be read as one with the
Property Transfer Tax Act, in this Act referred to as the principal
Act.
(2) This Act shall come into operation on 1st April, 2009.
Section five of the principal Act is amended in subsection
(2) by—
the deletion of the full stop at the end of that subsection
and the substitution therefor of a colon: and
the insertion o lthe following new proviso:
Provided that the Commissioner General, in
determining the realised value for shares, may make
adjustments in accordance with the provisions of sections
ninety-sevenA, ninety-sevenAA, ninety-sevenC and
paragraph 22A of the Fifth Schedule to the Income Tax
Act.
Enactment
Short title
and
commencement
Cap. 340
Amendment
of
section 5
Cap. 323
Copies of this Act can be obtained from the Government Printer,
P.O. Box 30136, 10101 Lusaka. Price K 1000 each.

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