45. Power of drawee to stamp bills or cheques

Terms defined in s 2

• charge

  charge

  Defined · s 2

  “charge” means any instrument whereby, for the purpose of securing the payment of any definite and certain sum of money advanced or lent at the time or previously due or foreborne to be paid or for the repayment of money to be thereafter lent, advanced or paid, or which may become due upon any account current, together with any sum already advanced or due, or without, as the case may be, or for the performance of any contract or engagement, one person creates a right over or charge upon any specified property; and includes any instrument which purports to create or in which any person agrees to create any such right or charge;

  Open s 2
• cheque

  cheque

  Defined · s 2

  “cheque” means a bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand;

  Open s 2
• Collector

  Collector

  Defined · s 2

  “Collector” includes the Collector of Stamp Duties and every Deputy Collector of Stamp Duties appointed under section 3;

  Open s 2
• duty

  duty

  Defined · s 2

  “duty” means any stamp duty for the time being chargeable under this Act or under any written law;

  Open s 2