Chapter:	117	Title:	STAMP DUTY ORDINANCE	Gazette Number:
Section:	16	Heading:	Provisions relating to certain leases etc.	Version Date:	30/06/1997

(1) A lease or agreement for a lease shall not be charged with stamp duty in respect of any penal rent, or increased rent in the nature of a penal rent, thereby reserved or agreed to be reserved or made payable, or by reason of being made in consideration of the surrender or abandonment of any existing lease of or agreement relating to the same subject matter.
(2) An agreement for a lease shall be chargeable with stamp duty as a lease made for the term and consideration mentioned in the agreement.