MOF-BUDGET Jun. 2016 | Page 430

Real Property Tax (Waiver Of Tax) Bill, 2016 Real Property Tax (Waiver of Tax) Bill, 2016 Annex E OBJECTS AND REASONS [430] 2016/2017 DRAFT ESTIMATES OF REVENUE & EXPENDITURE This Bill seeks to provide for the waiver of real property tax arrears and accumulated surcharges in respect of owner-occupied property and in respect of renovated dilapidated buildings.