S.L. 123.198 Art. 3Validity of assignment.

(1) An assignment to which these rules apply shall not be valid for the purposes of any law unless:

(a) it is made by means of a written agreement signed by the assignor and the assignee and authenticated by a notary or an advocate;

(b) notice of the assignment thereof, is given to the Commissioner in accordance with sub-rules (2) and (3);

(c) payment of the tax is made in accordance with these rules.

(2) The notice of the assignment shall be signed by the assignor and the assignee and authenticated by the notary or the advocate who authenticates the relative written agreement and shall be in such form and contain such information as the Commissioner may require or approve.

(3) The notice of the assignment shall be furnished to the Commissioner in three (3) copies within twenty-one (21) days from the date of the relative written agreement. PROMISE OF SALE AGREEMENT