STAMP REGULATIONS 1979 - REG 4

This legislation has been repealed.

STAMP REGULATIONS 1979 - REG 4

4 .         Procedure on stamping adhesive coupons

        (1)         When an instrument is presented for stamping to an authorised person and the authorised person proposes to stamp the instrument by means of an adhesive coupon — 

            (a)         the authorised person shall complete an assessment of duty in such form (in this subregulation called "the assessment of duty form” ) as the Commissioner requires;

            (b)         the duty assessed by the authorised person shall be collected and the amount of that duty shall be imprinted by cash register on the assessment of duty form and on the adhesive coupon attached to the assessment of duty form;

            (c)         the authorised person shall detach the adhesive coupon from the assessment of duty form, affix the adhesive coupon to the instrument and cancel the adhesive coupon, and the provisions of section 21 relating to the cancellation of adhesive stamps shall with necessary modifications apply and be followed in respect of the cancellation of the adhesive coupon; and

            (d)         the authorised person shall, if he is not the Commissioner — 

                  (i)         account to the Commissioner for the duty collected; and

                  (ii)         forward the assessment of duty form through the Department in which the authorised person holds or is discharging the duties of an office to the Commissioner.

        (2)         In this regulation — 

        “authorised person” means the Commissioner or a person who is a prescribed person within the meaning of regulation 3.

        [Regulation 4 amended in Gazette 15 December 1995 p.6126.]