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at all. If a dispute arises and litigation ensues the party
relying on the agreement may find himself wholly unable to en-
force his rights, solely because the agreement was not stamped
within seven days of execution.
The other party to the con-
The
tract is thus sometimes provided with a not very praiseworthy
answer to a claim or defence otherwise perfectly good.
reason for this strictness in the principal Ordinance in the case
of agreements was that it was hoped that the public generally
would be induced to stamp all agreements, but it is now thought
that sporadic cases of individual hardship would probably never
teach the community at large, so that the only justification for
The effect inflicting hardship in individual capes disappears.
instru-
of section 2 18 that all"voluntary" instruments, i.e., ments where the non payment of duty is no offence, may be stamped as of right, subject to certain penalties which are set out in
e added to section 6 of the the new sub-section (5) which is
principal Ordinance.
Section 3 is intended to make it clear that the persons
who are required to take, out certificates to practise must do
so although they may not be practising on their own account.
4.
The former duty on the appointment of a new trustee was $10, and apparently there was no duty on the transfer of the
The addition of the new Head- property to the new trustee.
ing No. 15A, which is affected by section 6 of the ordinanasce, would have the effect of making the total duty on the appoint- ment of a new trustee, and the transfer of the property to him,
$30.
To avoid this, section 4 adds to Reading No. 5 worde
$10 which make the dutycover both the appointment and the transfer.
Similar words are included in the new Heading No.43A which is
added by section 9 of the Ordinance.
I