Section 40
Amendment of section 2
The Stamp Act 1949 [Act 378], which is referred to as the “principal Act” in this Chapter, is amended in section 2
by substituting for the definition of “duly stamped” the following definition:
‘ “duly stamped”, as applied to an instrument, means—
(a)
the instrument bears an adhesive or impressed stamp of not less than the proper amount or the amount of initial duty or the amount of advance duty paid under subsection 37(1) and that such stamp has been affixed or used in accordance with the law for the time being in force;
(b)
an official receipt for the proper amount or the amount of initial duty or the amount of advance duty is affixed to the instrument;
(c)
a stamp certificate for the proper amount or the amount of initial duty or the amount of advance duty is attached to the instrument if the instrument is stamped through an electronic medium; or
(d)
the instrument is stamped by means of digital stamping for the proper amount or the amount of initial duty or the amount of advance duty;’.
Finance 33
Amendment of section 7