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The Stamp Act, 1899

Section 23Instruments reserving interest.

In forceChapter II STAMP-DUTIES

Chapter II STAMP-DUTIES

D.- Of Valuations for Duty.

s. 23

23. Instruments reserving interest Where interest is expressly made payable by the terms of an instrument, such instrument shall not be chargeable with duty higher than that with which it would have been chargeable had no mention of interest been made therein.

End of s. 23.

Read the contents: The Stamp Act, 1899