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Immovable Property (Transfer Restriction) Fees Regulations (Cap. 95).

Country/Territory
Seychelles
Document type
Regulation
Date
1974 (2014)
Source
FAO, FAOLEX
Subject
Land & soil
Keyword
Transfer Ownership Foreign land tenure Royalties/fees
Geographical area
Africa, Eastern Africa, Indian Ocean, Small Island Developing States
Abstract

These Regulations determine fees for applications for sanction for the purchase of immovable property under the provisions of section 3(1)(a) of the Immovable Property (Transfer Restriction) Act and applications for sanction to lease any immovable property or any rights therein under the provisions of section 3(1)(b) of the Act. The Chief Development Officer may set such fees if not satisfied by the result of calculation of the fees as prescribed by these Regulations (based on a determined value). Any person aggrieved by a decision of the Chief Development Officer may appeal to the Minister. The Regulations also prescribe fees for other sanctions regarding restricted transactions.

Full text
English
Website
www.seylii.org

References - Legislation

Implements

Immovable Property (Transfer Restriction) Act (Cap. 95).

Legislation | Seychelles | 1963 (1994)

Keyword: Transfer, Ownership, Foreign land tenure, Contract/agreement, Offences/penalties

Source: FAO, FAOLEX