Contents of Section

Chapter:

117 Title:STAMP DUTY ORDINANCEGazette Number:
Section:40Heading:Instruments specially exemptedVersion Date:30/06/1997

Caution : This is a past version. See the current version for the latest position.


(1) In the case of any instrument in respect of which, by virtue of section 41 or 43(1), no person is liable for the payment of stamp duty chargeable thereon, the instrument shall not be chargeable with stamp duty if, but only if, it is presented to the Collector for stamping.
(2) Any instrument presented to the Collector under this section, and any duplicate or counterpart of such instrument, shall, without payment of an adjudication fee and notwithstanding section 13(4), be stamped under subsection (3)(a) of that section with a stamp denoting that it is not chargeable with stamp duty, and subsection (6) of that section shall apply accordingly.