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Regulations

stamp, stamped, sheet, printed, paper and impressed

REGULATIONS under which PLAIN PAPER, BANKERS' CHEQUES, and other PRINTED FORMS are impressed with the 1 d. Inland Revenue Stamp. • 1. The paper must be of such quality, thickness and colour, as to be suitable for receiving the impression of the dies.

2. The paper must be fiat and uncreased, and should neither be gummed nor per forated before it is sent to be stamped.

3. Each sheet of paper or single form for which a separate stamp is required must not be narrower than five inches nor less than one and a half inches in depth. A form five inches in length can only be stamped close to the edge.

4. When more forms (cheques or receipts) than one are printed on a sheet, the stamping will be expedited if the sheets be presented entire, i.e. before they are cut up. In cases where the forms are in two rows on a sheet the forms should be printed back to back. If bound or stitched the books must not be unwieldy in size nor heavier in weight than ten pounds. Stamps cannot be placed near the counterfoils of forms.

5. The top sheet of the parcel or book should be marked to indicate the position where it is desired that the stamp should be placed, which, however, must be within one inch and a half of the edge of the sheet. The stamp will be placed as near to the position indicated as the circumstances of the case vill permit.

6. When a special position of the stamp is required in the case of printed forms it is desirable that before the work is printed a proof should be submitted to the Inspector of Stamping.

7. All fly-leaves and inserted orders for new books must be completely folded back.

S. The Commissioners of Inland Revenue will not accept any responsibility for injury to material in the process of stamping, nor for loss of stamps or material, which may arise in transmission to or from th:s office.

9. When the paper is brought to Somerset House for stamping, a person must attend at the department of the Accountant and Comptroller General (Room No. 26) to fill up

the necessary " warrant," and to pay the duty.

10. Penny inland revenue stamps are also impressed under similar conditions at the Inland Revenue offices at Edinburgh, Dublin and Manchester.

The following documents must be stamped before execution : Bills of Exchange.

Contract Notes.

Letters of Allotment.

Letters of Renunciation.

Proxies.

Receipts.

Scrip Certificates.

Share Warrants.

Voting Papers.

Documents, other than the above, requir ing an ad valorem stamp, e.g. conveyances, mortgages, memoranda of deposit, transfers, must be stamped within thirty clay_s after execution, or if executed abroad within thirty days from the date on which they arrive in the United Kingdom.

Agreements under hand, duty sixpence, e.g. guarantee, qualifying agreement, may be stamped within fourteen days after execution.

Documents which have not been stamped within the time allowed, may be subse quently stamped on payment of a penalty of /10. (See Section 15, above.) The various duties are given under the different headings.

Where a document of charge requires further stamp duty to be impressed, a certificate in the following form must be furnished to the Stamp Office : I hereby certify that the amount at any time owing by to (a) (did not exceed la) If the until the day of 19 ), amount has not (b) (or has not at any time ex yet been ex ceeded caned ceeded the sum of ) and the words. I request that further stamp (t) It the ad vance has already duty may be impressed on the been exceeded instrument of clay of cancel these 'cords. 19 to cover a total advance of I, Signature.

Address.

19 . Date.

* To be signed by the mortgagee or by the manager of the bank making the advance.