STAMP.

No. 8 of 1921.

1513

duty on such a contract shall be one-half only of that chargeable on a contract note: Provided that, if under the contract a double option is given or taken, the contract shall be deemed to be a separate contract in respect of each option.

(7) Any contract note made or executed in pursuance and in consequence of the exercise of an option given or taken under 10 Edw. 7, c. 8, 8. 79 (2). a contract duly stamped in accordance with the provisions of sub-section (6) shall be charged with one-half only of the duty which would otherwise have been chargeable thereon under this section, provided that it bears on its face a certificate by the broker, agent or other person mentioned in sub-section (1) to the effect that it is made or executed in the exercise of an option for which a duly stamped contract has been rendered on the date mentioned in the certificate.

26A. (1) No person shall be entitled to claim, directly or indirectly, the payment of any dividend, or of the amount or value of any dividend, on any share on a share register which is by law required to be kept within the Colony, unless-

(a) such person is the registered owner of the share in question at the time of such claim; or

(b) such person was the registered owner of the share in question at some date subsequent to the declaration of the dividend in question; or

(c) such person is entitled to be paid such dividend under a bona fide declaration of trust in favour of a specified person or firm, or otherwise as a bona fide cestui que trust; or

(d) such person has bona fide lent money on the security of the share in question and is entitled by the express written terms of the loan agreement to claim such dividend.

(2) No person shall, orally or in writing, demand or request, or accept, directly or indirectly, payment of any dividend, or of the amount or value of any dividend, which under the provisions of sub-section (1) he is not entitled to claim.

(3) No person shall, directly or indirectly, pay any dividend, or the amount or value of any dividend, on any share on a share register which is by law required to be kept within the Colony, to any other person unless-

As amended by No. 26 of 1929 [6.12.29].

1

Passing on of dividends prohibited.

*

A

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