Warrants for goods.—For the purposes of the Stamp Acts the expression di warrant for goods" means any document or writing being evidence of the title of any person therein named, or his assigns, or the holder thereof, to the property in any goods, wares, or merchandise lying in any warehouse or dock or upon any wharf, and signed or certified by or on behalf of the person having the custody of the goods, wares, or merchandise. The duty may be denoted by an adhesive stamp, to be cancelled by the person by whom the instrument is made, executed, or issued. Every person who makes, executes, or issues, or receives or takes by way of security or indemnity, any warrant for goods not being duly stamped incurs a penalty of £20.
Miscellaneous.—Accident insurance policies.—Where it is impracticable or inexpedient to require that the duty of one penny be charged and paid upon each policy issued, then, in lieu of and by way of composition for that duty there may be charged on the aggregate amount of all sums received in respect of the premiums a duty at the rate of £5 per cent. as stamp duty. Void conditions.—Every condition of sale framed with a view of precluding objection or requisition upon the ground of absence or insufficiency of stamp upon any instrument executed after the 16th of May 1888, and every con tract, arrangement, or undertaking for assuming the liability on account of absence or insufficiency of stamp upon any such instrument or indemnifying against such liability, absence, or insufficiency, is void. Assignment of policy
("life assurance to be paid before payment money assurcd.—No assignment of a policy of life insurance will confer on the assignee any right to sue for the moneys assured or secured thereby, or to give a valid discharge therefor, or any part thereof, unless the assignment is duly stamped ; and no payment may be made to any person claiming under any such assignment unless it is duly stamped. If any payment is made in contravention of this provision, the stamp duty not paid upon the assignment, together with the penalty payable on stamping the same, will be a debt due to his Majesty from the person by whom the payment is made. Recovery of penaltics.—All fines imposed by the Stamp Acts are sued for and recovered by information in the High Court in England in the name of the Attorney-General for England, in Scotland in the name of the Lord Advocate, and in Ireland in the name of the Attorney-General for Ireland.