Working in Partnership with Our Clients 

Tax Series

Stamp Duty (Exemption) (No.6) Order 2001 [P.U.(A)134/2001]

The following documents are exempted from stamp duty if the conditions stated on the right  are satisfied

1. Sale and purchase agreement executed between the purchaser and the developer between 28 March 2001 to 31 December 2001.

2. All instruments of transfer of title for the property from the developer to the purchaser named in the sale and purchase agreement. Commonly called Form 14A or Memorandum of Transfer.

3. All documents in the nature of security executed between the purchaser and a bank or financial institution.

4. All documents in the nature of security executed between an employee and an employer under an employee housing loan scheme for money advanced to finance the purchase

Conditions

1. The property is a

   residential house, condominium unit, apartment or flat or

   office lot, shop house or shop office or

   shop lot in shopping complexes or

   industrial building or factories; and

    

2. The property is fully completed; and

3. The property is purchased from a developer registered with the   Real Estate and Housing Developers’ Association Malaysia; and

4. The property is purchased between 28 March 2001 to31 December 2001