A.Instrument of (including a The same duly as a Con— deed of power) veyance (No. 23) for a sum equal to the amount or value of the property settled as set forth in such settlement
Provided that where an agreement to settle is stamp required for an instrument of settlement, and an instrument of settlement in pursuance ol such agreement is subsequently executed, the duty on such instrument shall not exceed one rupee and ninety-five paise.
Exemptions (a ) Deed of dower executed on the occasion of a marriage between Muhamadans
(h) Hludassa, that is to say, any settle- -ment of immovable property executed by a Buddhist in Burma for a religious purpose in which no value has been specified and on which duty of Rs. 10 has been paid.
B. Revocation of— - The same duty as a Con veyance (No. 23) for a sum equal to the amount or value of the property con cerned, as set forth in the instrument of Revocation, but not exceeding forty one rupees and twenty paise.
See also Trust (No. 64)
59. SHARE WARRANTS, to hearer one-and-a-half times the issued under the Companies Act, duty payable on a Con- 1956 veyance (No. 23) for a con sideration equal to the nominal amount of the share specified in the Warrant.
Exemptions Share warrant when issued by a Company in pursuance of the Companies Act, 1956, Section 144, to have effect only upon payment, as composition for that duty, to the Collector of Stamp revenue of—
(a) one-and-a-half per centum of the whole subscribed capital of the Company OR
(h) if any company which has paid the said duty or composition in full, subsequently issues and addition to its subscribed capi tal one-and-a-half per centum of the additional capital so is sued.
60. SHIPPING ORDER, for or relating Forty paise.
to the conveyance of goods on board of any vessel.
61. SURRENDER OF LEASE—
(a) When the duty with which the The duty with which such lease is chargeable does not lease is chargeable. - exceed seven rupees fifty paise; -
(b) in any other case; Twenty-four rupees and Seventy-five paise.
63. TRANSFER OF LEASE, by way The same duty as a Conof assignment, and not by way of veyance (No. 23) for a con underlease. sideration equal to the amount of the . consideration for transfer Exemption Transfer of any lease from duty.
64. TRUST— - A. DECLARATION OF—or The same duty as a Bond concerning any property when (No. 15) for a sum equal made by any writing not being to the amount or value of a will, the property concerned.
as set forth in the instru ment, but not exceeding forty-one rupees and twenty-five paise.
B. REVOCATION OF—or The same duty as a Bond concerning,anypropertywhen (No. 15) for a sum equal made by any instrument .other to the amount or value of than will, the property concerned.
as set forth in the instru ment, but not exceeding forty-one rupees and twenty-five paise.
See also Settlement (No. 58) VALUATION — See Appraisement (No. 8)