S.L. 364.11 Art. 9Maximum increase.

The amount by which a person may increase the original value shall not be higher than the maximum increase shown in the second column of the following table:

In respect of any item of immovable property - Maximum increase as a percentage of the original value of the corresponding item of immovable property Acquired by the transferee causa mortis after the 24th November, 1992 and before the 25th November, 1994 ...................................................... 200% Acquired by the transferee causa mortis after the 24th November, 1994 and before the 25th November, 1995 ...................................................... 175% Acquired by the transferee causa mortis after the 24th November, 1995 and before the 25th November, 1996 ...................................................... 150% Acquired by the transferee causa mortis after the 24th November, 1996 and before the 25th November, 1997 ...................................................... 110% Acquired by the transferee causa mortis after the 24th November, 1997 and before the 25th November, 1998 ...................................................... 90% Acquired by the transferee causa mortis after the 24th November, 1998 and before the 25th November, 1999 ...................................................... 90% Acquired by the transferee causa mortis after the 24th November, 1999 and before the 25th November, 2000 ...................................................... 60% Acquired by the transferee causa mortis after the 24th November, 2000 and before the 25th November, 2001 ...................................................... 40% Acquired by the transferee causa mortis after the 24th November, 2001 and before the 25th November, 2002 ...................................................... 30% Acquired by the transferee causa mortis after the 24th November, 2002 and declared in a deed of transfer causa mortis of which notice has been given to the Commissioner before the 25th November, 2003 ........................................................................ 20%