The Finance (Miscellaneous Provisions) Act 2015 (Act No. 9 of 2015)

Finance (Miscellaneous Provisions) Act 2015 (53 sections amending many Acts; mostly tax, banking, customs and other matters, not in scope). In scope: s. 23 Immigration Act (residence for PDS/Smart City buyers at USD 500,000, already in data; saving for IRS/RES owners; Diaspora PRP; non-citizen ID numbers and register), s. 31 Investment Promotion Act (IRS/RES certificates abolished, PDS/SCS certificates, schemes by regulation; pending IRS/RES applications up to 22 March 2015 saved: event added; Schedule Part I item 1B 'any other investor' project value over MUR 20 million: term added; BOI One-Stop Shop for projects over MUR 20 million), s. 39 Non-Citizens (Property Restriction) Act (PDS/SCS/IHS replace RES; saving for IRS/RES purchases), s. 55 commencement. No figures on use. Land (Duties and Taxes) and Registration Duty amendments contain no IRS/RES-specific rates.