Chapter 219 | Europaius

In short

This law, called the Bearer Accounts Levy Act, was created to impose a levy on bearer deposits.

What it regulates

It imposes a levy.
The levy is specifically on bearer deposits.

Who it concerns

Entities or individuals holding bearer deposits.

Key points

The law was enacted on 24th July, 1970.
It has been amended multiple times by various Acts and Legal Notices.
This Act was repealed by Act II of 2015.

Legal text

BEARER ACCOUNTS LEVY CHAPTER 219 BEARER ACCOUNTS LEVY ACT To impose a levy on bearer deposits. 24th July, 1970* ACT XXIV of 1970, as amended by: Act XXVII of 1972; Legal Notice 148 of 1975; Acts XIII of 1983; XXV of 1985; I of 1990, II of 1993, XXIV of 1995; and Legal Notices 181 of 2006 and 411 of 2007. Repealed by Act II of 2015. *See Government Notice No. 561 of 24th July, 1970.

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AI explanation based on the official legal text. Indicative, not a substitute for legal advice.