1937_STAMP_ORDINANCE__1921 — Page 57

contd.]

[Schedule

1546

No. 8 of 1921.

Point of time before which, or period with- in which, the instrument must be stamped.

Person liable for stamp- ing.

Instrument.

Duty.

Nature of

stamp.

STAMP.

Before delivery by the The broker. broker.

40. Shares.

(1) Transfer of.

Exemptions.

(a) Transfers of shares on share registers which are not re- quired by law to be kept within the Colony.

(b) Transfers of share warrants to bearer.

(2) Transfer for a nominal amount, in the discretion of the Collector.

20 cents for every $100 Overembossed.

or part thereof of the

value of the shares on the date of stamping.

$2.

Before execution.

The transferor and the transferee.

Overembossed.

Before execution.

Before issue.

|(3) Share warrant to bearer, issued in $1 for every $100 or part Overembossed. the Colony.

thereof of the nominal;

The company issuing.

When it exceeds $1,000

but does not exceed $10,000: $3.

value of the share.

(4) Share contract note,

on

bought note and every sold note.

every When the value does not Overembossed. exceed $1,000: $1.