STAMP.
No. 8 of 1921.
1511
(4) A conveyance or transfer made for nominal consideration for the purpose of securing the repayment of an advance or loan or made for effectuating the appointment of a new trustee or the retirement of a trustee, whether the trust is expressed or implied, or under which no beneficial interest passes in the property conveyed or transferred, or made to a beneficiary by a trustee or other person in a fiduciary capacity under any trust, whether expressed or implied, shall not be charged with duty under this section, and this sub-section shall have effect notwithstanding that the circumstances exempting the conveyance or transfer from charge under this section are not set forth in the conveyance or transfer.
c. 39, s. 80.
+
24. (1) Every letter or power of attorney for the sole purpose of appointing a proxy to vote at a meeting shall specify the day upon which the meeting at which it is intended to be used is to be held and shall be available only at the meeting so specified and any adjournment thereof.
54 & 55 Vict. c. 39.
(2) Every person who votes or attempts to vote under or by means of any letter or power of attorney which is not duly stamped, and every person who accepts any such vote, shall be deemed to commit an offence against this Ordinance.
(3) Every vote given or tendered under the authority or by means of any such letter or power of attorney which is not duly stamped shall be absolutely null and void.
25. Every person who refuses to give a duly stamped receipt in any case where a receipt would be chargeable with stamp duty shall be deemed to commit an offence against this Ordinance.
Refusal to give receipt.
54 & 55 Vict. c. 39, s. 103.
25A.-(1) Every instrument under hand only (not being a promissory note or bill of exchange) given upon the occasion of the deposit of any share warrant or certificate to bearer or foreign or colonial share certificate, or any security for money transferable by delivery, by way of security for any loan, shall be deemed to be an agreement and shall be charged with duty accordingly.
(2) Every instrument under hand only (not being a promissory note or bill of exchange) making redeemable or qualifying as agreements.
54 & 55 Vict. c. 39, s. 23.
*
*
As amended by No. 20 of 1935 [18.4.35].
† As amended by Law Rev. Ord., 1939, Supp. Sched.
STAMP.
No. 8 of 1921.
1511
(4) A conveyance or transfer made for nominal considera- tion for the purpose of securing the repayment of an advance or loan or made for effectuating the appointment of a new trustee or the retirement of a trustee, whether the trust is expressed or implied, or under which no beneficial interest passes in the property conveyed or transferred, or made to a beneficiary by a trustee or other person in a fiduciary capacity under any trust, whether expressed or implied, shall not be charged with duty. under this section, and this sub-section shall have effect notwith- standing that the circumstances exempting the conveyance or transfer from charge under this section are not set forth in the conveyance or transfer.
c. 39, s. 80.
+
24. (1) Every letter or power of attorney for the sole Proxies. purpose of appointing a proxy to vote at a meeting shall specify 54 & 55 Vict. the day upon which the meeting at which it is intended to be used is to be held and shall be available only at the meeting so specified and any adjournment thereof.
(2) Every person who votes or attempts to vote under or by means of any letter or power of attorney which is not duly stamped, and every person who accepts any such vote, shall be deemed to commit an offence against this Ordinance.
(3) Every vote given or tendered under the authority or by means of any such letter or power of attorney which is not duly stamped shall be absolutely null and void.
25. Every person who refuses to give a duly stamped receipt in any case where a receipt would be chargeable with stamp duty shall be deemed to commit an offence against this Ordinance.
Refusal to give receipt.
54 & 55 Vict. c. 39, s. 103.
Certain
of shares to be
25A.-(1) Every instrument under hand only (not being a promissory note or bill of exchange) given upon the occasion mortgages of the deposit of any share warrant or certificate to bearer or foreign or colonial share certificate, or any security for money chargeable transferable by delivery, by way of security for any loan, shall be deemed to be an agreement and shall be charged with duty accordingly.
(2) Every instrument under hand only (not being a promis- sory note or bill of exchange) making redeemable or qualifying
as agree- ments.
54 & 55 Vict. c. 39, s. 23.
*
*
As amended by No. 20 of 1935 [18.4.35].
† As amended by Law Rev. Ord., 1939, Supp. Sched.
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