Stamp duties: improved and unimproved land
1) one percent
of so much of the said value or the said amount, as the case may be,
as -
(i) in the case of unimproved land, does not exceed N$ 24 000; or
(ii) in the case of improved land, does not exceed N$ 60 000;
2) five percent of so much of the said value
or the said amount, as the case may be, as -
(i) in the case of unimproved land, exceeds N$ 24 000 but not N$ 250 000; or
(ii) in the case of improved land, exceeds N$ 60 000 but not N$ 250 000.
3) eight percent of so much of the said value or the said amount, as the case may be, as exceeds
N$ 250 000, whether such land is improved or unimproved land.