Property Market Meeting No 14 – held on 27th May 2015

The Property Market working group discussed reports issued by the National Statistics Office (NSO) and the Eurostat about the economic trends concerning the property market during the last quarter of 2014.   A presentation by Mr Keith Borg from the NOS explaining the methodology used by NSO was also made.

A reference to the Legal Notice 147/2015 – Duty on Documents and Transfers Act (Cap. 364), issued by the Commissioner of Inland Revenue was mentioned.   Part lll – Eight Schedule – transfer of property - will be one of the agenda item for discussion in the next meeting.