Section 66: Penalty for not making out policy, or making one not duly stamped.

The Stamp Act, 1977 (1920 A. D.)Union territory Act of Jammu and Kashmir · Act 40 of 1977

Any person who,—

(a) receives, to takes credit for, any premium or consideration for any contract of insurance and does not, within one month after receiving, or taking credit for, such premium or consideration, make out and execute a duly stamped policy of such insurance ; or

(b) makes, executes or delivers out any policy which is not duly stamped, or pays or allows in account, or agrees to pay or allow in account, any money upon, or in respect of, any such policy ;

shall be punishable with fine which may extend to [two thousand rupees].

Where this provision sits

Act	The Stamp Act, 1977 (1920 A. D.)
Section	66
Marginal note	Penalty for not making out policy, or making one not duly stamped.
Jurisdiction	Union territory of Jammu and Kashmir
Status	In force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

substituted, Act III of 2000. Substituted by Act III of 2000, s. 22.

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