Chapter 219
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- This Act was repealed by Act II of 2015.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
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 Repealed by Act II of 2015.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.