Finance Act 2007 · s 61

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s 61Amendment of section 37

Section 37 of the principal Act is amended by substituting for subsection (1) the following subsection:

“(1) When an instrument brought to the Collector under section 36 or 36a is in his opinion one of a description chargeable with duty, and—

(a)

the Collector determined that it is already fully stamped;

(b)

the duty assessed by the Collector under such section, or such a sum as, with the duty already paid in respect of the instrument, is equal to the duty so assessed, has been paid; or

(c)

the initial duty assessed by the Collector has been paid, the Collector shall certify by endorsement on such instrument that the full duty, or initial duty, stating the amount, with which it is chargeable, has been paid.”.