DUTIES ACT 1997 - SECT 307 Impounding of instruments
DUTIES ACT 1997 - SECT 307
Impounding of instruments307 Impounding of instruments
(1) The Chief Commissioner may impound any instrument that ought to be but is not stamped or is insufficiently stamped.
(2) The Chief Commissioner may retain any impounded instrument until the duty or any interest or penalty tax, or all such amounts, have been paid.