contd.] [Schedule
2614
No. 8 of 1921.
STAMP
Instrument.
(7) Re-conveyance, re-assignment, release, discharge, surrender, or renunciation, of any such security as aforesaid, or of the benefit thereof, or of the money thereby secured.
Duty.
Nature of stamp.
Where the whole of the principal sum secured is released or discharged, 10 cents for every $500 or part thereof of the principal sum secured.
Overembossed.
Point of time before which, or period within which, the instrument must be stamped.
7 days after execution.
Person liable for stamping, where stamping is compulsory.
All persons executing.
No. of Heading.
Where a portion of the principal sum secured is released or discharged, 10 cents for every $500 or part thereof of the amount actually released or discharged.
Provided that any portion of the principal sum not expressed in any prior instrument then to be released or discharged shall be deemed to be released by the final instrument of re-conveyance, re-assignment, release, discharge, surrender, renunciation.
or