TR
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SECRETARIAL PRACTICE
In the case of other Companies formed or established in
Great Britain with limited liability, a statement must be
delivered, duly stamped, to the Commissioners of Inland
Revenue within one month after the date of the Act,
Letters Patent, Order, or other authority constituting the
Company. In the case of an authority to increase the
nominal share capital, a statement must be delivered, duly
stamped, within the like period.

CHARTER PARTY .. ‘i
Fire INSURANCE PoLicy
LETTER OF ALLOTMENT
LETTER OF RENUNCIATION
(f the nominal amount allotted or renounced is
under £3

£ ss. d.
oO o 6
oO 0 6

oO o 6

0D O00 I
Loan CAPITAL, per £100 or part of £100 “oe .. 0 2 6
(Subject to deduction of 2s. for.each complete £100
which is applied in conversion or a of existing

Loan Capital.)

A statement of the amount of any Loan Capital proposed
to be issued by a Company formed or established in Great
Britain is required to be delivered to the Commissioners
of Inland Revenue, but duty will not be charged to the
extent to which mortgage or marketable security duty
has been paid on any trust deed or other instrument
securing the loan.

Loan Capital includes any funded debt and any capital
having the character of borrowed money in whatever
form it is issued, but not a bank overdraft or other loan
raised for a merely temporary purpose for a period not
exceeding 12 months.

MARINE INSURANCE Policy.
I[.—Where the premium or consideration does not
exceed the rate of 2s. 6d. per centum of the sum  £ s. d.
insured .. a. . .. O0 0 I

Where the premium or consideration is expressed to be
a sum not exceeding the rate of half-a-crown per cent.,
and is subject to an increase (whether defined or not in
the policy) in the event of the occurrence of a specified
contingency, it shall be treated as one not exceeding the
rate of half-a-crown per cent. But if, owing to the oc-
currence of the contingency, the premium or consideration
is increased so as to exceed the rate of half-a-crown per
cent., the policy or a new policy to be thereupon issued
shall be stamped with the additional duty payable and
may be so stamped without penalty at any time not ex-
ceeding thirty days after the date on which the increased
premium or consideration becomes ascertained.