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Stamp Act · s 47

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s 47Provision as to determination of licence

(1)

If the licence of any person to deal in stamps expires or is revoked, or if any person licensed to deal in stamps dies or becomes bankrupt, and any such person at the expiration or revocation of his licence, or at the time of his death or bankruptcy, has in his possession any stamps, such person, or his executor or administrator, or the State Financial Officer may, within 6 months after the expiration or revocation of the licence, or after the death or bankruptcy, as the case may be, bring or send the stamps to the chief office or to one of the head offices.

(2)

The Collector may in such case pay to the person bringing or sending stamps the amount of the duty thereon, deducting the proper discount therefrom, if proof to his satisfaction is furnished that the same were actually in the possession of the person whose licence has expired or been revoked, or so dying or becoming bankrupt, for the purpose of sale, at the

Stamp 38

time of the expiration or revocation of the licence, or of his death or bankruptcy, and that the stamps were purchased or procured by that person at the office of the Collector or from some person duly appointed to sell and distribute stamps or duly licensed to deal in stamps.