STAMP.
No. 8 of 1921.
1503
1
(2) If the Collector is of opinion that the instrument is not chargeable with any duty, it may be stamped with a particular stamp denoting that it is not chargeable with any duty.
(3) If the Collector is of opinion that the instrument is chargeable with duty, he shall assess the duty with which it is in his opinion chargeable, and when the instrument is stamped in accordance with the assessment it shall also be stamped with the adjudication stamp.
(4) Every instrument stamped either with the particular stamp denoting that it is not chargeable with any duty, or with the adjudication stamp, shall be admissible in evidence and available for all purposes notwithstanding any objection relating to duty.
(5) An instrument upon which the duty has been assessed by the Collector shall not, if it is unstamped or insufficiently stamped, be stamped otherwise than in accordance with the assessment.
(6) Nothing in this section shall extend to any instrument chargeable with ad valorem duty and made as a security for money or stock without limit.
(7) Nothing in this section shall authorize the stamping after the execution thereof of any instrument which by law cannot be stamped after execution.
(8) A statutory declaration made for the purpose of this section shall not be used against any person making the same in any proceeding whatever, except in an inquiry as to the duty with which the instrument to which it relates is chargeable; and if such declaration is true every person by whom it is made shall, on payment of the duty chargeable upon the instrument to which it relates, be relieved from any fine or disability to which he may be liable by reason of the omission to state truly in the instrument any fact or circumstance required by this Ordinance to be stated therein.
(9) The person submitting the instrument for assessment shall pay to the Collector the adjudication fee specified in the Schedule.
Schedule.