966
Stamp duty—-continued
share capital, as to duty on (ss. 112 and 113), 354
transfers of shares, on, 358
adhesive stamps, 352, 385
agreement under hand, 357
applicable to few instruments, 352
bills payable on demand, 365
cancellation of, 352
in case of proxies, 140
fgreign bills, for, 365
letters of renunciation, on, 357
notary public, protest by, on, 367
receipts, on, 372
when paid by, 385
adjudication stamps, as to, 353, 358, 376, 393
circular of Inland Revenue as to, 77, 393-398
contract for shares not paid up in cash, 5.
gifts inler vivos, must be on, 78, 358
transfers as voluntary disposition infer vivos, operating as,
78, 358, 377
affidavit, on an, 357
exemptions from, requisites for, 358
agreement under hand after execution, 353
agreements with a company, 357
under hand of an officer of company, 357
exemptions from, 357
how denoted, 357
under seal, rate of, 357
in Scotland, 357
allotment of shares as paid, otherwise than in cash, 50, 217, 377
allotment, on letters of, 55, 357°
articles of association, on, 8, 354
bank, transfers to or by a, certificate of official, 377
bankers’ receipts, 374
barrister’s fees, for, 373
bearer, securities to, on, 360, 383, 387
foreign bearer securities, in case of, 359, 361
marketable securities, as to, 359
reduction of duty, when, 361
warrants, on share, 359
beneficial interest, on transfer not passing, 391
bills of exchange and promissory notes, on, 364, 386
definition under Stamp Act, 1891, 364
exemptions from duty on, 367
fixed duty, letter authorising payment out of fund, 304
how denoted, etc., 365
foreign bills, on, 365. And see foreign bills infra
inland and foreign bill, distinction between, 366
effect of Stamp Act, 1891, on, 366
" payable on demand,’ definition of, 364
orders, what amount to, 364
post-dated cheques, 365
what included in, 364
rate of duty, 364
receipts for payment by cheque are receipts for, 373
receipts written upon, 374
unstamped, penalties for issuing, 366
bonds, registered, 360, 386

INDEX