STAMP DUTY RATES ON LEASES DURATION UNDEFINED OR UNCERTAIN LESS THAN 7 YEARS

7 – 35 YEARS

MORE THAN 35 YEARS

LEASE EXECUTED IN PURSUANCE OF STAMPED AGREEMENT FOR LEASE COMMERCIAL LEASE OF CROWN LAND – MORE THAN 7 YEARS

AVERAGE ANNUAL RENTAL RATE BAND (DOLLARS) 2,000-5,000 ABOVE 5,000 2,000-5,000 ABOVE 5,000 LESS THAN 100 100 - 500 500.01 - 2,000 2,000.01 - 5,000 ABOVE 5,000 LESS THAN 100 100 - 500 500.01 - 2,000 2,000.01 - 5,000 ABOVE 5,000

APPLICABLE RATE/ DUTY $50.00 1.0% $50.00 1.0% $2.00 $10.00 $40.00 $100.00 1.0% $8.00 $40.00 $160.00 $400.00 8.0% $10.00

LESS THAN 2,000

Effective July 1, 2013. Schedule 1, Head 5, Stamp Duty Ordinance (revised 2014)

$50.00