307
the present, this
but
was not necessary, no advantage was taken of the introduction of the Bill to make a few slight alterations in the present legislation, alterations which were unconnected with the
original object above mentioned; and
the
passing of the Bill was
the Bill was persevered
in for that purpose,
are
All the Sections up to 8 inclusive
exactly
the
same as in the
Stamp Ordinance of 1884.
Sections 9 & 10 para. 1 are as Section 9 of the old Ordinance except a verbal alteration which extends the powers of the Court in respect of stamping documents after execution and alteration made in accordance with Section 1 of Ord. 2 of 1885.
In the subsections of Article 10 few changes have been made; for instance, the special power to stamp agreements by letter, after execution has been omitted as unnecessary, and transfers of shares are not to be stamped until the number of shares and the consideration money are entered on the transfer.
Para. 2 of Section 10 is new. It authorizes the Collector after adjudication to stamp any document submitted to him for adjudication, with a denoting stamp showing that the document is not chargeable with any duty.
Section 13 is new - it provides for the use in certain cases of a denoting Stamp, and is taken from 33 & 34 Vict. ch. 97 Sec. 14.
All the other Sections are the same as in the Stamp Ordinance of 1884.
The Schedule only changes made in the are the following, - under the heading "2 Agreement" the wording has been altered in order to bring it into conformity with the Imperial Act.
Under Ordinance 15 of 1884
307
the present, this
but
was not necessary, jo advantage was taken of the introduction of the Bill to make a few slight alterations in the present legislation, alterations which were unconnected with the
original object above mentioned; and
the
passing of the Bill was
the Bill was persevered·
in for that purpose,
are
All the Sections up to 8 inclusive
exactly
the
same as in the
Stamp Ordinance of 1884.
I are the same
Sections 9 +10 para. 1 are as Section of of the old Ordinance except a verbal alteration which extends the powers of the Court in respect of stamping documects after
excecution au alteration wade in
accordance with Section 1 of Ord. 2
of 1885.
a
In the subsections of Article 10 few changes have been made; for instance, the special power to stamp agreements by letter, after
execution
exec
has
C
has been omitted as unnecessa
unnecessary, and
transfers of shares are not to be stamped,
until the mmmber.
of shares
shares and the
Consideration.
money
are entered on
the transfer,
Para . 2 of Section His new. It authorizes the Collector after adjudication to stamp any
document submitted to
f
him for adjudication, with a denoting stamp showing that the document is not chargeable with
any duty Section 13 is new _ it provides for
the use in certain caces
of a denoting Stamp, and is taken from 33734 Vict. ch. 97 Sec. 14.
་
All the other Sections
are the same.
as in the Stamp Ordinance of 1884. The
Schedule
only changes made in the are the following, - under the beading
"following, under
"2 Agreement" the evording has been altered in order to bring it into or conformity with the Imperial Act.
Under Ordinance 15 of 18844
all
No comments yet.
Private notes are available after approval.