QU OF NT AT A FE RU

BERMUDA

LAND VALUATION AND TAX (SPECIAL PROVISIONS AND POSTPONEMENT OF PREPARATION OF DRAFT VALUATION LIST) ACT 2025

2025 : 15

WHEREAS it is expedient to modify the effect of the Land Valuation and Tax Act

1967 so as to extend the validity period of the current valuation list and postpone the preparation of the next draft valuation list for Bermuda; Be it enacted by The King’s Most Excellent Majesty, by and with the advice and consent of the Senate and the House of Assembly of Bermuda, and by the authority of the same, as follows:

Citation

1 This Act may be cited as the Land Valuation and Tax (Special Provisions and Postponement of Preparation of Draft Valuation List) Act 2025.

2. Interpretation

(1) In this Act— “2015 Valuation List” means the quinquennial draft valuation list that came into effect on 1 January 2016.

(2) This Act shall be read and construed as one with the Land Valuation and Tax Act 1967.

Extension of effect of 2015 Valuation List

3 Notwithstanding sections 26 and 27, or any other provision, of the Land Valuation and Tax Act 1967, the 2015 Valuation List shall continue in full force and effect as the valuation list for Bermuda until 31 December 2026.

LAND VALUATION AND TAX (SPECIAL PROVISIONS AND POSTPONEMENT OF PREPARATION OF DRAFT VALUATION LIST) ACT 2025

Postponement of date of preparation of quinquennial draft valuation list

4 The date by which the quinquennial draft valuation list next due to be prepared pursuant to section 26(1) of the Land Valuation and Tax Act 1967 shall be postponed from 31 December 2025 as now appointed by law to 31 December 2026.

[Assent Date: 29 July 2025]

[Operative Date: 29 July 2025]