Transfer (Causa Mortis) is a device by which an heir is entitled, on production of evidence, to acquire a movable and/or immovable property on the death of a person.
After a causa mortis claim is received from the heirs’ notary/lawyer, Treasury obtains from the Malta Stock Exchange (MSE) a confirmation of:
- MGS holdings registered solely in name of the deceased and/or jointly held with other persons, and MGS holdings held in the name of other persons but from which the deceased enjoyed the right of usufruct.
- Until the finalisation of transmission/transfer of securities, the MSE accounts in respect of the above-mentioned holdings are blocked by the Central Securities Depository (CSD) and no trading in these MGSs will be allowed. For further information visit the Treasury website.
To be submitted by a qualified person such as a notary or lawyer.
The causa mortis claim submitted by the notary/lawyer must be accompanied by duly stamped documents and certified in ink by the notary/lawyer for their authentication.
