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DIGEST OF PENALTIES.
A DIGEST OF PENALTIES,
UNDER
THE STAMP ORDINANCE OF 1866.'
Sec. 7.-For drawing or negotiating unstamped or insufficiently stamped Bills of Exchange, Promissory Notes, &c., a sum not exceeding Fifty Dollars, or a sum equal to ten times the value of the Stamp omitted to be used, if the sum so calculated exceed Fifty Dollars.
Sec. 10.-For not obliterating Adhesive Stamps when used, by cancelling them in a bona fide manner, a sum not exceeding Fifty Dollars.
Sec. 12. For not affixing the proper Adhesive Stamps on Bills of Exchange drawn out of the Colony, but payable in before negotiating the same, or failing to cancel the same in a bona fide manner, a sum not exceeding Fifty Dollars.
Sec. 14. For drawing Bills purporting to be drawn in a set of two or more, and not drawing the whole number of the set, a sum not exceeding Five Hundred Dollars.
Sec. 16, c. 1.-If any Deed, Instrument, or Writing requiring to be stamped shall have been executed on paper not bearing the proper Stamp, upon the Collector being satisfied that the omission did not arise from any intention to evade payment of the prescribed duty, or to defraud the government, it may be stamped on payment of the proper Stamp Duty, and as penalty double the amount of the proper Stamp Duty, or of the amount required to make up the same, if it be brought to the Collector within six weeks from the date of its execution.
Sec. 16, c. 2.-If any deed shall have been executed on unstamped or insufficiently stamped paper, and brought to be stamped after six weeks of execution, but within four months of that date, treble the amount of the proper Stamp Duty, or the amount required to make up the same, as the Collector may determine.
If brought after four months; twenty times the amount of such Stamp Duty or the amount required to make up the same, as the Collector may determine.
Sec. 23.-Refusing to attach a receipt stamp to any document given in receipt for money above Ten Dollars, when requested to do so, a sum not exceeding Fifty Dollars.
Sec. 27. For not stating truly in every Instrument charged under the Schedule- annered to this Ordinance with ad valorem duty, the amount of Purchase Money, a sum not exceeding Two Hundred and Fifty Dollars.
Under clause 3 of section 1 of the "Stamp (Amendment) Ordinance, 5 of 1868," in default of placing a 3 cents stamp upon a receipt for money exceeding Ten Dollars, Fifty Dollars.
“THE STAMP (AMENDMENT) ORDINANCE, 1868.”
SIR RICHARD GRAVES MACDONNELL, Knight, C.B., Governor and Commander-in-Chief.
[No. 5 of 1868.]
An Ordinance enacted by the Governor of Hongkong, with the advice of the Legislative Council thereof, to amend "The Stamp Ordinance, 1868.”
[22nd May, 1868.] Whereas it is expedient to amend "The Stamp Ordinance, 1866;" be it enacted.