Stamp (Amendment) Bill

Bill No. 50/1968

Read the first time on 9th December 1968.
An Act to amend the Stamp Ordinance (Chapter 170 of the Revised Edition).
Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows: —
Short title
1.  This Act may be cited as the Stamp (Amendment) Act, 1968.
Repeal and re-enactment of section 36
2.  Section 36 of the Stamp Ordinance is hereby repealed and the following substituted therefor: —
“Mode of adjudication as to proper stamp duty
36.—(1)  When any instrument, whether executed or not and whether previously stamped or not, is brought to the Commissioner, and the person bringing it applies to have the opinion of the Commissioner as to whether the instrument is chargeable with any duty and, if so, the amount of duty chargeable, the Commissioner shall upon payment of twenty-five dollars adjudicate and assess the duty, if any, with which in his judgment the instrument is chargeable:
Provided that where such person seeks the opinion of the Commissioner as to the amount of duty chargeable he shall in making the application for adjudication set forth the value upon which in his opinion duty is chargeable.
Information to be furnished to Commissioner
(2)  For the purpose of such adjudication the Commissioner may require any of the following: —
(a)an abstract of the instrument;
(b)an affidavit setting out all the facts and circumstances affecting the liability of the instrument to duty or the amount of such duty;
(c)any other evidence which he deems necessary for the adjudication or determination of duty;
and the Commissioner may refuse to proceed upon any such application until such abstract and evidence have been furnished accordingly.
(3)  Notwithstanding any other provisions of this section the Commissioner may himself require in the case of a conveyance, assignment or transfer of immovable property a certificate of the value of such property from the Government Valuer.
(4)  The request for a certificate from the Government Valuer shall be made to him directly by the Commissioner but the Commissioner shall be entitled (in addition to the fee payable under subsection (1) of this section) to charge the person seeking the adjudication of such property or regarding whose property the Commissioner requires a certificate, a fee for such certification at the following rates: —
 
on the first $10,000 of the difference between the certified value and the value on which in the opinion of the applicant the duty was chargeable
 
1 per cent
 
on the next $90,000 of such difference
 
1/2 per cent
 
in all cases where the difference is in excess of $100,000 on the excess
 
1/4 per cent.
(5)  No evidence furnished in pursuance of this section shall be used against any person in any civil proceedings, except in an enquiry as to the duty with which the instrument to which it relates is chargeable.
(6)  Every person by whom any evidence is furnished shall, on payment of the full amount of duty chargeable on the instrument and the fees if any under subsection (4) of this section, be relieved from any penalty which he has incurred under this Ordinance by reason of the omission to state truly in such instrument any of the facts or circumstances aforesaid.”.
Repeal and re-enactment of Schedule A
3.  Schedule A to the Stamp Ordinance is hereby repealed and the following substituted therefor: —
“SCHEDULE A
(Section 4).
Instruments Chargeable With Stamp Duty
Article No.
Description of Instrument.
Proper Stamp Duty.
1.
AFFIDAVIT, STATUTORY DECLARATION or DECLARATION IN WRITING on oath or affirmation, made before a person authorized by law to administer an oath
 
$2.00.
 
Exemptions:—Affidavit or Declaration in writing when made —
 
 
 
(a) for the immediate purpose of being filed or used in any court or before any judge or officer of any court;
 
 
 
(b) for the sole purpose of enabling any person to receive any pension or charitable allowance;
 
 
 
(c) by a surety for an officer of the Government with regard to the surety’s means;
 
 
 
(d) by any person on acceptance of an appointment in the service of the Government; or
 
 
 
(e) for the Commissioner under section 55.
 
 
2.
AGREEMENT for a lease
 
See LEASE.
3.
AGREEMENT or MEMORANDUM OF AGREEMENT made under band only, and not otherwise specially charged with any duty, whether the same is only evidence of a contract or obligatory on the parties from its being a written instrument
 
$1.00.
 
Exemptions:—Agreement or Memorandum —
 
 
 
(a) for or relating to the sale of any goods, wares or merchandise other than a hire-purchase agreement;
 
 
 
(b) for service or personal employment where the wages do not exceed $25 per month, and any agreement between the master and mariners of any vessel or boat for wages;
 
 
 
(c) the matter whereof is not of the value of $25;
 
 
 
(d) for the reference of any matter to arbitration;
 
 
 
(e) for the payment of interest on money deposited in any bank or with any banker.
 
 
 
Note:—An agreement for or relating to the supply of goods on hire, whereby the goods in consideration of periodical payments will or may become the property of the person to whom they are supplied, shall be charged with stamp duty as an agreement, or if under seal, as a deed.
 
 
4.
ANNUITY —
 
 
 
Conveyance in consideration of, and instrument creating by way of sale or gift
 
See CONVEYANCE ON SALE.
 
Instrument creating by way of security
 
The same duty as a mortgage for the amount deemed to be secured thereby.
5.
APPOINTMENT of a RECEIVER under a mortgage
 
$10.00.
6.
APPOINTMENT of a new TRUSTEE, and APPOINTMENT in execution of a Power of any property, or of any share or interest in any property, by any instrument not being a Will
 
$10.00.
7.
APPRAISEMENT —
 
 
 
Where the amount of the appraisement or valuation does not exceed $50
 
20 cents.
 
Exceeds $50 and does not exceed $100
 
50 cents.
 
Exceeds $100 and does not exceed $200
 
$1.00.
 
Exceeds $200 and does not exceed $300
 
$2.00.
 
Exceeds $300 and does not exceed $400
 
$3.00.
 
Exceeds $400 and does not exceed $500
 
$4.00.
 
Exceeds $500 and does not exceed $1,000
 
$8.00.
 
Exceeds $1,000 and does not exceed $2,000
 
$12.00.
 
Exceeds $2,000 and does not exceed $5,000
 
$16.00.
 
Exceeds $5,000 and does not exceed $50,000
 
$20.00.
 
Exceeds $50,000
 
$40.00.
 
Exemptions:—
 
 
 
(a) appraisement of valuation made for and for the information of one party only, and not being in any manner obligatory as between parties either by agreement or operation of law;
 
 
 
(b) a certificate of an architect or engineer as to the value of work done under a building or engineering contract;
 
 
 
(c) appraisement or valuation made in pursuance of the order of any court, or at the instance and for the information of the Government;
 
 
 
(d) appraisement or valuation of property of a deceased person made for the information of an executor or other person required to deliver an affidavit or account of the estate of such deceased person;
 
 
 
(e) appraisement or valuation of any property for the purpose of ascertaining the estate duty payable in respect thereof.
 
 
8.
APPRENTICESHIP DEED
 
$1.00.
 
Exemption:—Instrument relating to any poor child apprenticed by any public institution or at the charge of any public charity.
 
 
9.
ARTICLES OF ASSOCIATION OF A COMPANY
 
$10.00.
10.
ASSIGNMENT —
 
 
 
By way of security or of any security
 
See MORTGAGE.
 
Upon a sale or otherwise
 
See CONVEYANCE.
11.
ASSURANCE
 
See POLICY OF INSURANCE.
12.
AVERAGE BOND —
 
 
 
for every $100 or part thereof
 
10 cents.
13.
AWARD
 
$20.00.
 
Exemption:—Awards made under any written law relating to the acquisition of land for public purposes.
 
 
14.
BILL OF EXCHANGE — Payable on demand or at sight or on presentation
 
50 cents.
15.
BILL OF EXCHANGE of any kind whatsoever (except a Cheque) and PROMISSORY NOTE of any kind whatsoever drawn, or expressed to be payable, or actually paid or endorsed, or in any manner negotiated in Singapore —
 
 
 
for every $100 and for every fractional part of $100 of the amount or value of the money for which the Bill or Note is drawn or made
 
10 cents.
 
Note:—When a bill of exchange is drawn in a set according to the custom of merchants, and one of the set is duly stamped, the other or others of the set shall, unless issued or in some manner negotiated apart from such duly stamped bill, be exempt from duty, and, upon proof of the loss or destruction of a duly stamped bill forming one of a set, any other bill of the set which has not been issued or in any manner negotiated apart from such lost or destroyed bill may, although unstamped, be admitted in evidence to prove the contents of such lost or destroyed bill.
 
 
16.
BILL OF SALE —
 
See CONVEYANCE.
 
Absolute
 
 
 
By way of security
 
See MORTGAGE.
17.
BOND for securing the payment or repayment of money or the transfer or re-transfer of stock
 
See MORTGAGE.
18.
BOND, COVENANT or INSTRUMENT of any kind whatsoever —
 
 
 
(a) being the only or principal or primary security for any annuity (except upon the original creation thereof by way of sale or security, and except a superannuation annuity), or for any sum or sums of money at stated periods, not being interest for any principal sum secured by a duly stamped instrument, nor rent reserved by a lease or tack —
 
 
 
(i) for a definite and certain period, so that the total amount to be ultimately payable can be ascertained
 
The same ad valorem duty as a mortgage for such total amount.
 
(ii) for the term of life or any other indefinite period —
 
 
 
for every $100 and also for any fractional part of $100 of the annuity or sum periodically payable
 
$2.00.
 
(b) being a collateral or auxiliary or additional or substituted security for any of the above-mentioned purposes where the principal or primary instrument is duly stamped —
 
 
 
(i) where the total amount to be ultimately payable can be ascertained
 
One-fifth of the duty on the principal or primary security, but so as not to exceed $10.00.
 
(ii) in any other case —
 
 
 
for every $100 and also for any fractional part of $100 of the annuity or sum periodically payable
 
50 cents.
 
(c) being a grant or contract for payment of a superannuation annuity, that is to say a deferred life annuity granted or secured to any person in consideration of annual premiums payable until he attains a specified age, and so to commence on his attaining that age —
 
 
 
for every $100 and also for any fractional part of $100 of the annuity
 
25 cents.
19.
BOND, MORTGAGE or other INSTRUMENT executed by way of INDEMNITY or of SECURITY for the due execution of an office, or for the discharge of liabilities, arising out of the execution thereof, or to account for money received by virtue thereof —
 
 
 
(a) when the penalty or amount secured does not exceed $1,000
 
The same duty as a mortgage for the penalty or amount secured.
 
(b) when the penalty or amount secured exceeds $1,000
 
$5.00.
 
Exemptions:—
 
 
 
(a) bond executed by an officer of the Government or his surety to secure the due execution of an office or the due accounting for money or other payments secured by virtue thereof;
 
 
 
(b) bond for securing the refund to Government of amounts overpaid to persons appointed by Government Officers to receive their salary or allowances when absent on leave;
 
 
 
(c) bond required to be executed under the provisions of the Criminal Procedure Code (Chapter 132).
 
 
20.
BOND on obtaining letters of administration —
 
 
 
where the estate exceeds $1,000 and does not exceed $10,000
 
$2.00.
 
where the estate exceeds $10,000 and does not exceed $25,000
 
$5.00.
 
where the estate exceeds $25,000
 
$10.00.
21.
BOND of any kind whatsoever not specifically charged with any duty
 
$5.00.
22.
CERTIFICATE TO PRACTISE to be taken out yearly —
 
 
 
by every person admitted and practising as an Advocate and Solicitor of the High Court
 
$20.00.
23.
CHARTER-PARTY
 
$2.00.
 
Exemption:—An agreement for the hire of any tug or for the hire of any ship or vessel when let for use solely within the limits of any port within the meaning of the Merchant Shipping Ordinance (Chapter 207), or within ten miles of any such port.
 
 
24.
CHEQUE
 
15 cents.
25.
CONTRACT
 
See AGREEMENT.
26.
CONTRACT NOTE —
 
 
 
for every $1,000 of the value of the shares, stock or marketable securities
 
$1.00.
27.
CONVEYANCE, ASSIGNMENT or TRANSFER —
 
 
 
(a) on sale of any property (except stock and marketable securities) —
 
 
 
Value of property transferred
 
 
 
for every $100 or part thereof of the first $30,000
 
$2.00.
 
for every $100 or part thereof of the next $20,000
 
$2.50.
 
thereafter for every $100 or part thereof
 
$3.00.
 
(b) on sale of any stock, shares or marketable securities to be computed on the price or value thereof on the date of transfer —
 
 
 
for every $100 or fractional part of $100 where the transfer bears a certificate signed by the transferor that the name of the transferee was filled in prior to the execution of the transfer by the transferor
 
20 cents.
 
in every other case
 
30 cents.
 
(c) of any property by way of security
 
See MORTGAGE.
 
(d) of any property by way of Settlement
 
See SETTLEMENT.
 
(e) of any property for the purpose of effectuating the appointment of a new trustee or the retirement of a trustee although no new trustee is appointed
 
$10.00.
 
(f) of any property as above where the transaction is between trustees and where —
 
 
 
(i) the beneficial interest in the property passes
 
The same duty as in paragraphs (a) and (b) of this Article.
 
(ii) the beneficial interest in the property does not pass
 
$5.00.
 
(g) of any kind not otherwise specially charged with duty
 
$10,00.
 
Exemptions:—Transfers by endorsement —
 
 
 
(a) of a bill of exchange, cheque or promissory note;
 
 
 
(b) of a bill of lading, warrant for goods or other mercantile document of title to goods;
 
 
 
(c) of a policy of insurance other than a policy of life assurance.
 
 
28.
COPY or EXTRACT (attested or in any manner authenticated) of or from —
 
 
 
(a) an instrument chargeable with any duty;
}
$1.00.
 
(b) an original will or codicil;
 
 
 
(c) the probate or probate copy of a will or codicil;
 
 
 
(d) any letters of administration;
 
 
 
(e) any public register (except any register of births, baptisms, marriages, deaths or burials);
 
 
 
(f) the books, rolls or records of any court.
 
 
 
Exemptions:—
 
 
 
(a) copy of any paper which a public officer is expressly required by law to make or furnish, for record in any public office, or for any public purpose;
 
 
 
(b) copy or extract of or from any law proceedings.
 
 
29.
COUNTERPART of any instrument chargeable with duty, and in respect of which the proper duty has been paid —
 
 
 
(a) if the duty with which the original instrument is chargeable does not exceed $2
 
The same duty as is payable on the original.
 
(b) in any other case
 
$2.00.
30.
COVENANT —
 
 
 
Any separate deed of covenant (not being a deed chargeable with ad valorem duty as a conveyance or mortgage) made on the sale or mortgage of any property, or of any right or interest therein, and relating solely to the conveyance or enjoyment of or the title to the property sold or mortgaged, or to the production of the muniments of title relating thereto, or to all or any of the matters aforesaid
 
$10.00.
31.
DEBENTURE
 
See MARKETABLE SECURITY AND MORTGAGE.
32.
DECLARATION of any trust or concerning any property by any writing, not being a will, or an instrument chargeable with duty as a Settlement
 
$10.00.
33.
DEED of any kind not described in this Schedule
 
$10.00.
34.
DISSOLUTION OF PARTNERSHIP
 
$10.00.
35.
EQUITABLE MORTGAGE
 
See MORTGAGE.
36.
EXCHANGE. Any instrument whereby an exchange of any property is effected
 
The same duty as a conveyance on sale for a consideration equal to the value of the property of greater value.
37.
EXTRACT
 
See COPY.
38.
FURTHER CHARGE
 
See MORTGAGE.
39.
GIFT
 
See Section 16(1).
40.
INDEMNITY BOND
 
See BOND.
41.
INSURANCE
 
See POLICY OF INSURANCE.
42.
LEASE or AGREEMENT FOR LEASE of any land, house, or other immovable property granted or made —
 
When the Lease is for a Period
 
(a) without fine or premium when the average rent calculated for a whole year —
 
Not exceeding one year
Exceeding one year but not exceeding three years
Exceeding three years or for any indefinite term
 
 
 
$ c.
$ c.
$ c.
 
(i) does not exceed $500
 
4.00
8.00
16.00
 
(ii) exceeds $500, for every $250 or any part thereof
 
2.00
4.00
8.00
 
(b) in consideration of a fine or premium and without rent
 
The same duty as for a conveyance for a sum equal to the amount of such consideration.
 
(c) in consideration of a fine or premium and reserving a rent
 
The same duty as for a conveyance on sale in consideration of the fine or premium and a lease for the rent.
 
(d) lease executed in pursuance of a duly stamped agreement for the same on production of such agreement to the Commissioner
 
$2.00.
 
(e) lease of any other kind whatsoever not hereinbefore described
 
$10.00.
 
Exemption:—Agricultural Lease or Agreement for Agricultural Lease for any definite term not exceeding three years when the rent reserved does not exceed $10 a year.
 
 
43.
LETTER OF ALLOTMENT AND LETTER OF RENUNCIATION or any document having the effect of a letter of allotment of shares in any company or proposed company or in respect of any loan raised or proposed to be raised by any company or proposed company
 
20 cents.
44.
MARKETABLE SECURITY —
 
 
 
(a) Not being a security transferable by delivery, for or in respect of the money thereby secured
 
The same ad valorem duty according to the nature of the security as upon a mortgage.
 
(b) Being a security transferable by delivery —
 
 
 
for every $100 or part thereof of the nominal value of the security
 
50 cents.
 
(c) Transfer, assignment, or disposition of a marketable security
 
See CONVEYANCE.
45.
MEMORANDUM OF ASSOCIATION OF A COMPANY
 
$10.00.
46.
MORTGAGE, AGREEMENT FOR A MORTGAGE, BOND, COVENANT, DEBENTURE (not being a marketable security) and WARRANT OF ATTORNEY to confess and enter up Judgment —
 
 
 
(a) being the only or principal or primary security (other than an equitable mortgage) for the payment or repayment of money —
 
 
 
not exceeding $1,000
 
$4.00.
 
for every further sum of $1,000 or any part thereof
 
$5.00.
 
(b) being a collateral or auxiliary or additional or substituted security (other than an equitable mortgage) or by way of further assurance for the above-mentioned purpose where the principal or primary security is duly stamped
 
One-fifth of the duty on the principal or primary security, but so as not to exceed $10.00.
 
(c) an equitable mortgage
 
One-half of the duty which would be chargeable on a mortgage for the amount secured.
 
(d) transfer, assignment or disposition of any mortgage, bond, covenant or debenture (not being a marketable security) or of any money or stock secured by any such instrument or by any warrant of attorney to enter up judgment or by any judgment
 
One-half of the duty which would be chargeable on a mortgage for the amount transferred.
 
And also where any further money is added to the money already secured
 
The same duty as a principal security for such further money.
 
(e) being a mortgage of stock or a marketable security under hand only
 
See AGREEMENT and section 29.
 
(f) mortgage executed in pursuance of a duly stamped agreement for the same on production of such agreement to the Commissioner
 
$2.00.
 
(g) in any other case
 
$10.00.
47.
NOTARIAL ACT, that is to say, any instrument, indorsement, note, attestation, certificate or entry not being a Protest made or signed by a Notary Public in the execution of the duties of his office, or by any other person lawfully acting as a Notary Public
 
$2.00.
48.
NOTE OF PROTEST BY THE MASTER OF A SHIP
 
50 cents.
49.
PARTNERSHIP — Instrument of
 
 
 
(a) where the capital of the partnership does not exceed $1,000
 
$10.00.
 
(b) where the capital of the partnership exceeds $1,000 —
 
 
 
for the first $1,000
 
$10.00.
 
for the next $1,000
 
$2.00.
 
thereafter for each $1,000 or part thereof
 
$1.00.
50.
PARTITION — for each instrument
 
$20.00.
 
Exemption:—Where duty has been paid under any order of Court or award directing a partition no further duty shall be payable in respect of any instrument carrying such partition into effect.
 
 
51.
POLICY OF INSURANCE —
 
 
 
A. Policy of Sea Insurance —
 
 
 
(a) Where the premium on the policy does not exceed $1
 
5 cents.
 
(b) Where the premium on the policy exceeds $1
 
50 cents.
 
(c) For time policies on hulls of vessels — in respect of every sum of $1,000 and any fractional part of $1,000 thereby insured —
 
 
 
where the insurance shall be made for any time not exceeding three months
 
20 cents.
 
where the insurance shall be made for any time exceeding three months and not exceeding six months
 
30 cents.
 
where the insurance shall be made for any time exceeding six months and not exceeding twelve months
 
50 cents.
 
(d) For policies covering a vessel or her machinery or fittings, whilst under construction or repair or on trial, whether the period exceeds twelve months or not
 
50 cents.
 
(e) For policies containing a continuation clause, additional duty
 
50 cents.
 
Note:—When a policy of sea insurance is drawn in a set according to the custom of marine insurers and one of the set is duly stamped, the other or others of the set shall, unless issued or in some manner negotiated apart from such duly stamped policy, be exempt from duty; and, upon proof of the loss or destruction of a duly stamped policy forming one of a set, any other policy of the set which has not been issued or in any manner negotiated apart from such lost or destroyed policy may, although unstamped, be admitted in evidence to prove the contents of such lost or destroyed policy.
 
 
 
B. Fire Policy —
 
 
 
For all policies and renewals irrespective of the sum insured or the term
 
$1.00.
 
C. Accident Policy and Policy of Insurance for any payment agreed to be made during the sickness of the insured person, or his incapacity from personal injury, or by way of indemnity against loss or damage of or to any property of the insured person
 
50 cents.
 
D. Life Policy —
 
 
 
For every $1,000 insured or part thereof
 
10 cents.
 
E. Re-insurance by an Insurance Company, which has granted a Policy of Sea Insurance or a Policy of Fire Insurance with another company by way of indemnity or guarantee, against the payment on the original insurance of a certain part of the sum insured thereby irrespective of the sum insured or the term
 
The same duty as that payable on original insurance.
 
F. Third Party Policy —
 
 
 
 
 
(a) Covering liability of the insured towards others WORKMEN’s COMPENSATION (EMPLOYERS’ LIABILITY)
 
$1.00.
 
(b) Policy covering the liability of the insured to pay compensation to a workman or employee in regard to sickness or personal injury
 
$1.00.
 
G. Comprehensive Policy —
 
 
 
Combining any two or more of the following risks — fire, personal injury or sickness of the insured, damage, loss, theft and third-party claims
 
$1.00.
 
H. Any other Insurance Policy not specifically provided for — for every $1,000 insured or part thereof
 
20 cents.
 
General Exemption:—Letter of cover or engagement to issue a policy of insurance: Provided that unless such letter of engagement bears the stamp prescribed by this Ordinance for such policy nothing shall be claimable thereunder, nor shall it be available for any purpose except to compel the delivery of the policy therein mentioned.
 
 
52.
POWER OR LETTER OF ATTORNEY —
 
 
 
(a) for the sole purpose of appointing or authorising any person to vote as proxy at a meeting of a Company or Association —
 
 
 
(i) where the proxy is to vote at one meeting only
 
25 cents.
 
(ii) where the proxy is to vote at more than one meeting
 
$1.00.
 
(b) for the performance of one act only where the value of the property to be dealt with is expressed in the Power or Letter and does not exceed $500
 
$1.00.
 
(c) of any kind whatsoever not hereinbefore described
 
$10.00.
 
Exemptions:—
 
 
 
(a) Power or Letter of Attorney or authority given by any Government officer for the receipt of his salary or allowances by any other person or given by any Government pensioner for the receipt of his pension by any other person;
 
 
 
(b) Power or Letter of Attorney or authority by the payee of any Post Office Money Order to any person for the sole purpose of authorizing such person to receive on his behalf money payable under such Money Order.
 
 
53.
PROMISSORY NOTE —
 
 
 
for every $100 or part thereof
 
10 cents.
54.
PROTEST OF BILL or NOTE, that is to say, any declaration in writing made by a Notary Public or other person lawfully acting as such, attesting the dishonour of a bill of exchange or promissory note
 
$1.00.
55.
PROTEST BY THE MASTER OF A SHIP, that is to say, any declaration of the particulars of her voyage drawn up by him with a view to the adjustment of losses or the calculation of averages, and every declaration in writing made by him against the charterers or the consignees for not loading or unloading the ship, when such declaration is attested or certified by a Notary Public or other person lawfully acting as such
 
$1.00.
56.
PROXY
 
See POWER OF ATTORNEY.
57.
RECEIPT for any money or other property the amount or value of which exceeds twenty dollars
 
10 cents.
 
Exemptions:—
 
 
 
Receipts —
 
 
 
(a) endorsed on or contained in any instrument duly stamped or exempted acknowledging the receipt of the consideration money therein expressed, or the receipt of any principal money, interest or annuity or other periodical payment therein secured;
 
 
 
(b) given for any payment of money without consideration;
 
 
 
(c) given for money or security for money deposited in the hands of any banker to be accounted for:
Provided that the same be not expressed to be received of or by the hands of any other than the person to whom the same is to be accounted for:
And provided also that this exemption shall not extend to a receipt or acknowledgment for any sum paid or deposited for or upon a letter of allotment of a share or in respect of a call upon any scrip or share of or in any company or association or proposed or intended company or association;
 
 
 
(d) given by an officer of the Government for money or other property received from the Treasury or by any Government pensioner for his pension;
 
 
 
(e) given for or on account of any salary, pay or wages or any other like payment, or for or on account of any pension, superannuation allowance, compassionate allowance or other like allowance;
 
 
 
(f) given for the repayment of money deposited under section 414 of the Criminal Procedure Code (Chapter 132).
 
 
58.
RECONVEYANCE OF MORTGAGED PROPERTY, REASSIGNMENT, RELEASE, DISCHARGE, SURRENDER or RENUNCIATION of any security or of the benefit thereof or of the money thereby secured —
 
 
 
(a) if the total amount of the money secured does not exceed $1,000
 
$1.00.
 
(b) if the total amount of the money secured exceeds $1,000 but does not exceed $10,000
 
$3.00.
 
(c) in any other case
 
$10.00.
59.
RELEASE, that is to say, any instrument whereby a person releases any property —
 
 
 
(a) if on a sale
 
The same duty as a conveyance on sale.
 
(b) if by way of security
 
The same duty as a mortgage.
 
(c) if by way of gift
 
The same duty as a conveyance by way of gift.
 
(d) in any other case not otherwise specifically charged with duty
 
$10.00.
60.
REVOCATION of Power or Letter of Attorney
 
The same duty as is payable on the original.
61.
REVOCATION of any trust of any property by any writing not being a Will
 
$10.00.
62.
SETTLEMENT —
 
 
 
(a) INSTRUMENT of SETTLEMENT or AGREEMENT for a SETTLEMENT
 
The same duty as for Conveyance, Assignment or Transfer.
 
(b) SETTLEMENT executed in pursuance of a duly stamped AGREEMENT for the same on production of such agreement to the Commissioner
 
$2.00.
63.
SHARE CERTIFICATE (including Certificate for Bonus or Rights Issue) —
 
 
 
for every $1,000 or part thereof of the par value shown in the CERTIFICATE
 
$1.00.
64.
SUBSTITUTION UNDER OR IN VIRTUE OF A POWER OF ATTORNEY
 
The same duty as payable on a Power or Letter of Attorney.
65.
SURRENDER OF LEASE —
 
 
 
When the duty with which the Lease is chargeable does not exceed $5
 
The duty with which such Lease is chargeable.
 
In any other case
 
$10.00.
66.
TRANSFER
 
See CONVEYANCE.
67.
VALUATION
 
See APPRAISEMENT.
68.
WARRANT FOR GOODS
 
20 cents.
 
Exemptions:—Any document or writing given by an inland carrier acknowledging the receipt of goods conveyed by such carrier.
 
 
 
A weight note issued together with a duly stamped warrant and relating solely to the same goods, wares or merchandise.
 
 
”.
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Last updated 31 Jan 2025
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