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Wednesday, February 28, 1973
The Financial Secretary also proposed to abolish the imposition of
stamp duties on a miscellany of documents which were "irksome" to both
the public and the Stamp Office.
Elsewhere, he said, stamp duty was no longer levied on many
of these documents and their removal from the Schedule to the Stamp
Ordinance would constitute a loss of about $4 million annually in Government
revenue.
The documents concerned are: Bill of Lading, Shippers Books
(Chinese), Charter Party, Policies of Insurance, Affidavit, Agreement or any Memorandum of Agreement, Agreement or Contract for Hire Purchase, Attested Copy, Godown Warrant, Letter of Hypothecation, Notarial Act
and Note of Protest.
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