Section 45
Power of drawee to stamp bills or cheques
ActIn forceProvision 64 of 149
Section 45
(1)
Where any cheque, is presented for payment unstamped, the person to whom it is so presented may bring the cheque to the Collector for assessment of duty in accordance with section 36, and may pay the sum payable upon such cheque and may charge the duty against the
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person who ought to have paid the same or deduct it from the sum payable as aforesaid, and such cheque shall, so far as respects the duty, be deemed good and valid.
(2)
Nothing herein shall relieve any person from any penalty or proceeding to which he may be liable in relation to such cheque.