(1) The amount of duty chargeable on the premium paid in relation to a
contract of insurance is 9% of the amount of the premium to the extent to
which the premium is paid to effect Type A insurance.
(2) The amount of duty
chargeable on the premium paid in relation to a contract of insurance is 5% of
the amount of the premium to the extent to which the premium is paid to effect
Type B insurance.
(3) The amount of duty chargeable on the premium paid in
relation to a contract of insurance is 2.5% of the amount of the premium to
the extent to which the premium is paid to effect Type C insurance.
