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Stamp Duty Consolidation Act, 1999 (Number 31 of 1999)

This section has been deleted.

Deleted by FA07 s101(1)(d). This section applies to instruments drawn, made or executed on or after 2 April 2007

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24 One bill only of a set need be stamped.

[SA1891 s39]

(1) 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 the stamped bill, be exempt from duty.

(2) On proof of the loss or destruction of a duly stamped bill of exchange forming one of a set, any other bill of the set which has not been issued or in any manner negotiated apart from the lost or destroyed bill may, although unstamped, be admitted in evidence to prove the contents of the lost or destroyed bill.

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Deleted by FA07 s101(1)(d). This section applies to instruments drawn, made or executed on or after 2 April 2007