Reduced rate of stamp duty on property situated with a UCA or scheduled by the PA

By means of Legal Notice 413 of 2018, the Government of Malta has announced that the reduced rate of stamp duty amounting to Eur2.50 for every Eur100 or part thereof, on the acquisition of immovable property situated within an urban conservation area or which is scheduled by the Planning Authority, in terms of article 57 of the Development Planning Act has been extended by another year until 31^st December 2019.