All persons executing.
STAMP.
No. 8 of 1921.
1535
[Schedule
*24. Lease.
(1) If granted in consideration of a premium or fine.
The same duty as on a conveyance on sale, the duty to be calculated on the premium or fine.
7 days after execution.
All persons executing.
(2) If granted in consideration of a rent.
Where the term is not defined at all, or is uncertain, or is so defined as not to exceed one year: 25 cents for every $100 or part thereof of the rent for one year.
Where the term specified in the lease exceeds one year but does not exceed three years: 50 cents for every $100 or part thereof of the rent for one year.
Where the term specified in the lease exceeds three years: $1 for every $100 or part thereof of the rent for one year.
* As amended by No. 26 of 1929 [6.12.29].
contd.
No. of heading.