Insolvency Act · s 167

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s 167Documents exempt from stamp duty

(1)

In the case of a winding up by the Court, or of a creditors’

voluntary winding up, subsection (2) applies as regards exemption from duties chargeable under the laws relating to stamp duties.

(2)

The following documents are exempt from stamp duty —

(a)

every assurance relating solely to freehold or leasehold property, or to any estate, right or interest in, any real or personal property, which forms part of the company’s assets and which, after the execution of the assurance, either at law or in equity, is or remains part of those assets; and

(b)

every writ, order, certificate, or other instrument or writing relating solely to the property of a company which is being wound up as mentioned in subsection (1), or to any proceeding under such a winding up.

(3)

In this section, “assurance” includes deed, conveyance, assignment and surrender.