" 103. If any person " (1) Gives a receipt liable to duty and not duly stamped ; or " (2) In any case where a receipt would be liable to duty refuses to give a receipt duly stamped ; or " (3) Upon a payment to the amount of two pounds or upwards gives a receipt for a sum not amounting to two pounds, or separates or divides the amount paid with intent to evade the duty : he shall incur a fine of ten pounds." Where a form of receipt, either on the face or on the back of a cheque, is signed, it must be stamped. The signature of the payee alone is exempt. (See above.) If a receipt is placed upon a bill or pro missory note (except by a hanker), it requires to be stamped. (See above.) When a deposit receipt is issued, it does not require a stamp (exemption No. 1, see above), but when it is discharged by the depositor signing a form of receipt on the back, a stamp is required. To save the trouble of affixing an adhesive stamp on payment of a deposit receipt, the receipts of many banks are impressed with a penny stamp when issued.
Where a banker acknowledges the receipt of money from, say. Jones for the credit of Brown, a stamp is required. Where a letter acknowledges a payment and encloses a stamped receipt, it is considered that one stamp is sufficient (A ttorney-General v. Ross, 1909, 2 I.R. 246).
A receipt stamp may be either impressed or adhesive.
Two halfpenny stamps may be used instead of a penny one.
Where a debt is paid by cheque, it is not necessary to state on the receipt that pay ment was made by cheque, as the person taking the cheque can, in the event of the cheque being dishonoured, sue the debtor for the amount.
Receipts for wages, and for subscriptions to charities are chargeable with duty ; but with regard to the latter, Alpe's " Law of Stamp Duties " states that the Commis sioners do not enforce a penalty if " a receipt for a donation or subscription to an institution totally devoted to charitable pur poses " is given unstamped. (See RECEIPT ON CHEOUE.)