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The Stamp Act, 1899

( ACT NO. II OF 1899 )

Chapter II


A.-- Of the Liability of Instruments to Duty.

Several instruments used in single transaction of sale, mortgagee or settlement.
4. 1[(1) Where, in the case of any sale, mortgagee or settlement, several instruments are employed for completing the transaction, the Principal instrument only shall be chargeable with the duty prescribed in Schedule I for the conveyance, mortgagee or settlement, and each of the other instruments shall be chargeable with a duty of 2[three hundred Taka] instead of the duty (if any) prescribed for it in that Schedule.]
(2) The parties may determine for themselves which of the instruments so employed shall, for the purposes of sub-section (1), be deemed to be the principal instrument:
Provided that the duty chargeable on the instrument so determined shall be the highest duty which would be chargeable in respect of any of the said instruments employed.

  • 1
    Sub-section (1) was substituted, for sub-section (1) by section 3 and 2nd Schedule of the Bangladesh Laws (Revision And Declaration) Act, 1973 (Act No. VIII of 1973)
  • 2
    The words “three hundred Taka” were substituted for the words “three Taka” by section 2 of the Finance Act, 2012 (Act No. XXVI of 2012) (with effect from 1st July, 2012).
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