Property Tax Determination of Rate Order (Cap. 17.16)

Property Tax CAP. 17.16 41 Revision Date: 1 Jan 2002 [Subsidiary] LAWS OF MONTSERRAT PROPERTY TAX DETERMINATION OF RATE ORDER – SECTIONS 3, 5 AND 68 (S.R.O.s 2/1988 and 19/1992) Commencement [23 March 1988] Short title 1. This Order may be cited as the Property Tax Determination of Rate Order. Property tax rate 2. The property tax rate in respect of hereditaments falling under the classification shown in Column I of the Schedule hereto is shown in the corresponding entry in Columns II and III of the Schedule, and the rate of surcharge on property tax is shown in the corresponding entry in Column IV thereto. SCHEDULE (Amended by S.R.O. 19/1992) COLUMN I COLUMN II COLUMN III COLUMN IV Land Building Surcharge 1. Agriculture 1.0% 2. Residential 1.65% 0.3% 1.65% 3. Business 2.0% 0.6% 4. Institutional 1.0% 0.75%