S.L. 364.19 Art. 6Forfeiture of the relief from income tax and from duty on documents and transfers. 

(1) The relief from income tax and from duty on documents and transfers mentioned in rule 3 shall be subject to the condition that, at any date after the transfer, but not after the date when the property is transferred again or inter vivos causa mortis:

(a) the property is not demolished; and

(b) the property is not subjected to structural alterations or additions as a result of which it is divided into more transferable units than the number of transferable units that comprised the property at the time of the transfer; and

(c) no permit is issued by the Planning Authority, upon an application made by the owner who benefited from the said relief, for the demolition of the property or for works described in paragraph (b); and

(d) no transfer is made of any divided part of that property.

(2) If the condition mentioned in sub-rule (1) is in any way breached, the relief from income tax and from duty on documents and transfers granted by these rules on the said transfer shall be forfeited and the total of the amount of such income tax and duty that was so relieved shall become payable to the Commissioner forthwith.

(3) The person who acquired the property at the time that the relief from income tax and from duty on documents and transfers was allowed shall be liable for the payment of the amount mentioned in sub-rule (2).