Amendment
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share or marketable security, advising the principal or the vendor or purchaser, as the case may be, of the sale or purchase of any shares or marketable securities;";
(c) by the insertion after the definition "conveyance on sale" of
the following-
"duly stamped" as applied to an instrument means that the instrument bears an adhesive. franked or impressed stamp of not less than the proper amount and that such stamp has been affixed or used in accordance with the law for the time being in force in the Colony:":
(d) by the deletion of the definition "letter of hypothecation" and
the substitution therefor of the following-
"letter of hypothecation" means an instrument relating to a deposit with a banker of documents of 'title to goods. shares or marketable securities and made for the purpose of hypothecating the goods, shares or marketable securities to the banker:":
(e) by the deletion of the semi-colon at the end of the definition "policy of insurance" and the addition thereto of the follow- ing
"and "insurance" includes "assurance":":
(by the addition after the definition “policy of insurance" of the
following-
"power of attorney" means any instrument except a warrant to act as a solicitor in any judicial proceedings, empower- ing a specified person to act in the stead of the person executing it;";
(g) by the deletion of the definition "share contract note" and the
substitution therefor of the following-
"vessel" includes any ship or boat or any other description of vessel used in navigation, and "ship" includes every description of vessel used in navigation and not propelled by oars.".
3. Section 15 of the principal Ordinance is amended by the repeal. of section 15. in subsection (1), of paragraph (c) thereof and the substitution therefor
of the following-
(c) that the said bank do pay on or before the 7th day of January and on or before the 7th day of July in each year to the Collector the amount due and collected there. on, up to the previous 31st day of December or the previous 30th day of June as the case may be, as duties on such unstamped cheques.".
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4. Section 18 of the principal Ordinance is amended by the repeal Amendment
of subsection (6) and the substitution therefor of the following-
"(6) In this section, "court" means "district court":":
5. Section 28 of the principal Ordinance is repealed.
of section 18.
Repeal of section 28.
6. Section 41 of the principal Ordinance is repealed and replaced Repeal and by the following-
replacement of section 41. ~Cederal exemptions.
41. (1) Where any instrument is executed by or on behalf of the Government or by any public officer in his official capacity and for an official purpose in a case where but for this section the Government or the public officer would be liable to pay the stamp duty chargeable in respect of such instrument, the Government and the public officer shall be exempt from paying such stamp duty.
(2) In a case where the Government or the public officer acting in his official capacity is the only person liable for stamp duty on the instrument, the Collector may, not- withstanding the provisions of subsection (3) of section 14, stamp such instrument with the stamp denoting that it is not chargeable with any duty without an adjudication fee stamp.
(3) The provisions in subsections (1) and (2) shall not apply to any instrument executed by-
(a) any public officer in his capacity as-
() Official Administrator;
(i) Official Receiver;
(iii) Official Receiver of Companies;
(iv) liquidator;
(v) Official Trustee:
(5) any public officer in pursuance of any order or
writ of any courtt
(c) the Administrator of Japanese Property.
(4) The following instruments shall be exempt from stamp duty under this Ordinance to the extent hereinafter stated-
(a) all instruments for the sale, transfer or other dis- position, either absolutely or by way of mortgage or otherwise, of any vessel, or of any part interest, share or property of or in any vessel, shall be wholly exempt from duty;
(b) all instruments which relate to property situate out of the Colony, other than shares and marketable
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