In the 2010/11 Budget Communication presented to the House of Assembly by the Prime Minister on Wednesday, 26th May, 2010, the Government communicated its intention to amend the Stamp Act (the “Act”), which is to include increases in stamp duty rates. These amendments are reflected in a draft Stamp (Amendment) Bill, 2010 (“the Bill”) which has been presented to Parliament and are intended to come into effect on the 1st July 2010.
