No. 8 of 1921.
STAMP.
[Schedule contd.]
Instrument.
Duty.
Nature of stamp.
Point of time before which, or period within which, the instrument must be stamped.
Person liable for stamping, where stamping is compulsory.
*33. Policy of insurance.
(1) Life policies.
25 cents for every $1,000 or part thereof insured.
Overembossed.
Before execution.
The insurer.
(2) Life policies, renewal receipts.
5 cents.
Adhesive.
Before delivery.
The insurer.
(3) Marine policies, hull risks for time.
25 cents for every $1,000 or part thereof insured.
Overembossed.
Before execution.
The insurer.
(4) Marine policies other than hull risks for time.
Where the amount insured does not exceed $1,000: 20 cents.
Where the amount insured exceeds $1,000: 50 cents.
Overembossed.
Before execution.
The insurer.
(5) Floating policies, for each indorsement.
The same rates of duty as on original policies issued after the commencement of this Ordinance.
Overembossed.
Before execution.
The insurer.
(6) Fire, Accident, and all other policies not specifically referred to above.
(7) Renewals, except life renewals.
(8) Duplicates of policies.
The same duty as on the original policy.
Overembossed.
Before execution.
The insurer.
(9) Re-insurance.
The same rates of duty as on direct policies.
Overembossed.
Before execution.
The insurer.
contd.] [Schedule
2616
No. 8 of 1921.
STAMP.
Point of time before
which, or period within which, the instrument must be stamped.
Person liable for
stamping, where
stamping is compulsory.
Instrument.
Duty.
Nature of stamp.
*33. Policy of insurance.
(1) Life policies.
(2) Life policies, renewal receipts. (3) Marine policies, hull risks for time.
(4) Marine policies other than hull risks for time.
(5) Floating policies, for each indorse- ment.
(6) Fire, Accident, and all other policies not specifically referred to above.
(7) Renewals, except life renewals.
25 cents for every $1,000 Overembossed. or part thereof insured.
Before execution.
The insurer.
5 cents.
Adhesive.
Before delivery.
The insurer.
Before execution.
The insurer.
25 cents for every $1,000 Overembossed. or part thereof insured.
Where the amount in- sured does not exceed $1,000: 20 cents.
Where the amount in- sured exceeds $1,000 : 50 cents.
Overembossed..
Before execution.
The insurer.
The same rates of duty Overembossed. as on original policies issued after the com. mencement of this Ordi- nance.
Before execution.
The insurer.
(8) Duplicates of policies.
The same duty as on the Overembossed, original policy,
Before execution.
The insurer.
!
(9) Re-insurance.
The same rates of duty as Overembossed. on direct policies.
Before execution.
The insurer.
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