Code of Organization and Civil Procedure (Cap. 12)

Code of Organization and Civil Procedure (Cap. 12), article 750

Official PDF on legislation.mt

750. The value of a right to ground-rents, annuities, or other yearly payments for a determinate period, is determined by the total amount of the net income for the remaining period of time, reckoning the yearly income, where the same is not otherwise determined, on the basis of the income of the last preceding year. Determination of value of right to annuities for life or for indeterminate period.

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Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.