11 GCA § 20103: Leases, etc.: Amount.

The following tax shall be paid on each lease, agreement, memorandum, or contract for the hire, use, or rent of any land or tenements, or portion thereof:

(a) If for a period of one (1) year or less, One Dollar ($1.00).

(b) If for a period of more than one (1) year, and not more than three (3) years, Two Dollars ($2.00).

(c) If for a period of more than three (3) years, Three Dollars ($3.00).