Amendment of Act II of 1899
2. In the Stamp Act, 1899
(II of 1899), in Schedule I, in article No. 23,-
(a) for the figure “17.5%” the figure “18%” shall be substituted; and
(b) for the heading “Exemption.” and the existing entry thereunder the following shall be substituted, namely:-
(a) Assignment of copyright under the Copyright Ordinance, 1962, section 14.
(b) Transfer of landed property owned by an industrial entrepreneur to a limited company incorporated for industrial purposes, provided that the entrepreneur becomes a shareholder of the company to the extent of the value of the property”.
Copyright © 2019, Legislative and Parliamentary Affairs Division
Ministry of Law, Justice and Parliamentary Affairs