The information requested below is required in order that the application be considered in its proper perspective in light of the Land Utilisation and Development Policy of the Government.
Signed by on the
In the presence of
(1) Land Value Appreciation Tax is payable by a Non-Citizen Vendor equal to
five percent (5%) of the difference between the value of the land at the time he became owner
thereof, together with any subsequent expenditure of a capital nature thereon and the value of the
land at the time of disposal: section 19 of the Non-Citizens Land Holding Regulation Act, Cap
293; (2) Non-citizen Undeveloped Land Tax is payable where the land has not been developed in
breach of the Vendors licence or in breach of the Undeveloped Land Tax Act.