CAP. 117]
Stamp.
(a) Stamp Duty.
(b) Time for stamp-
ing.
(c) Persons liable.
[Sch. cont.]
Nature of Instrument.
ATTORNEY, letter or
power of:
See Power of Attorney.
AVERAGE: See Bond.
11. AWARD.
G.N. 558/47.
17 of 1949, s.2.
change.
(a) $5.
(b) 7 days after
execution.
(c) The arbitrator or, if more than one, all the arbitrators and the umpire (if any).
annum
12. BANK NOTE: To be paid monthly
(a) One per cent per
by the banker to the Collector: Provided
on the
that the duty to be paid by the banker in
average value of
respect of one dollar notes shall not exceed
bank notes in
one per cent per annum on two million
circulation.
dollars: Provided also that pending the
(b) further order or regulation of the Governor
(c) The issuing bank.
in Council the duty on bank notes of the
Hongkong and Shanghai Banking Corporation
shall not exceed one per cent per annum on
$45,000,000 of the aggregate bank note issues
of such corporation, and the duty on bank
notes of the Chartered Bank of India, Australia
and China shall not exceed one per cent per
annum on $42,000,000 of the aggregate bank
note issues of such bank.
BILLS OF EXCHANGE (including cheques, circular notes, letters of credit, and travellers cheques) and promissory notes, as beneath.
13.(1) BILL OF EXCHANGE payable within the Colony on demand or at sight or on presentation (except a cheque drawn within the Colony). May be an adhesive stamp.
(a) 15 cents.
(b) If drawn in the Colony, before execution. If
drawn out of the Colony, in accord-
ance with s. 22.
(c) See sections 22
and 24.
13.(2) CHEQUE drawn within the Colony.
(a) 15 cents. May be an adhesive stamp.
- 426
(b) Before issue of cheque form by banker
to
customer.
(c) The banker issu-
ing the cheque form.
CAP. 117]
Stamp.
(a) Stamp Duty.
(b) Time for stamp-
ing.
(c) Persons liable.
[Sch. cont.]
Nature of Instrument.
ATTORNEY, letter or
power of:
See Power of Attorney.
AVERAGE: See Bond.
11. AWARD.
G.N. 558/47.
17 of 1949, s.2.
change.
BANK CHEQUE: See Bill of Ex-
(a) $5.
(b) 7 days after
execution.
(c) The arbitrator or, if more than one, all the arbitrators and the umpire (if any).
annum
12. BANK NOTE: To be paid monthly (a) One per cent per by the banker to the Collector: Provided
on the that the duty to be paid by the banker in average value of respect of one dollar notes shall not exceed bank notes in one per cent per annum on two million circulation. dollars: Provided also that pending the (b) further order or regulation of the Governor (c) The issuing bank. in Council the duty on bank notes of the Hongkong and Shanghai Banking Corporation shall not exceed one per cent per annum on $45,000,000 of the aggregate bank note issues of such corporation, and the duty on bank notes of the Chartered Bank of India, Australia and China shall not exceed one per cent per annum on $42,000,000 of the aggregate bank note issues of such bank.
BILLS OF EXCHANGE (including cheques, circular notes, letters of credit, and travellers cheques) and promissory notes, as beneath.
13.(1) BILL OF EXCHANGE payable within the Colony on demand or at sight or on presentation (except a cheque drawn within the Colony). May be an adhesive stamp.
(a) 15 cents.
(b) If drawn in the Colony, before execution. If
drawn out of the Colony, in accord- ance with s. 22. (c) See sections 22
and 24.
13.(2) CHEQUE drawn within the Colony. (a) 15 cents. May be an adhesive stamp.
- 426
(b) Before issue of cheque form by banker
to
customer.
(c) The banker issu- ing the cheque form.
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