Section 22: E{(tcl of sfaltmwf n/1'flle of eJ-·clu1If!.e 01 avu age pt itr
The Kerala Stamp Act, 1959 (No.17 of 1959)State Act of Kerala · Act 17 of 1959
Where an instrument contains a statPment of current rate of exchange, or avcra~e price, a<> the case may require, and is stamped in accordance with such statement, it shall, so far as regards the subJect matter of such statement, be presume~. until the contrary is proved, to be duly c:tamped.
23. /r•sf1 ume1.t teS'J vtng mtcresl -Where interest is ex·pressly made payable by the terms of an instrument, such instrument shall not be chargeable wtth duty higher than that with which it would have been chargeable had no mention of interest been made therein.