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Non-Citizens Land Holding Regulations (Amendment) Act No. 9 of 2018.

Pays/Territoire
Antigua-et-Barbuda
Type du document
Législation
Date
2018
Source
FAO, FAOLEX
Source d'origine
Official Gazette Vol. XXXVIII No. 51, 28th June, 2018.
Titre complet
An Act to amend the Non-Citizens Land Holding Regulations Act, Cap. 293 to cure certain defects and make provision to bring the Act into conformity with the development program of the Government.
Sujet
Terre et sols
Mot clé
Commerce/industrie/sociétés Certification Propriété étrangère
Aire géographique
Amériques, Caraïbes, Amérique latine et Caraïbes, Atlantique Nord, Petits états insulaires en développement
Résumé

This Act adds the definition of non-citizen to the Section 2 of the Principal Act as "any company incorporated in Antigua and Barbuda under the International Business Corporation Act Cap. 222". This Act repeals the paragraph (a) of the Section 3 regarding the forfeiture of land and mortgages held by unlicensed non-citizens. Subsection 1 of the Section 4 of the principal Act is amended regarding the issuance of licenses by the Cabinet for non-citizens to hold land or mortgages. Moreover, this Act makes amendments in Section 6 regarding the companies under the control of non-citizens; Section 7 regarding the authority of a company to restrict holding by non-citizens of its shares and debenture; Section 8 regarding the licenses for non-citizens to hold directorships, shares or debentures of a company; section 18 regarding the stamp duty; and Section 23 regarding the authorities of the Cabinet. Finally, this Act adds the Section 25 regarding the authority of the Minister to make regulations for the purpose of carrying out this Act into effect, and in particular prescribe application forms for licenses to hold interest in land, shares or to be director of a corporation holding land.

Texte intégral
Anglais
Site web
www.laws.gov.ag

Références - Législation

Amende

Non-citizens Land Holding Regulation Act (No. 17 of 1968).

Législation | Antigua-et-Barbuda | 1968 (1992)

Mot clé: Régime foncier, Propriété étrangère, Taxe/impôt

Source: FAO, FAOLEX