12. Value of securities

Terms defined in s 2

• chargeable

  chargeable

  Defined · s 2

  “chargeable” means, as applied to an instrument executed or first executed after the commencement of this Act, chargeable under this Act, and as applied to any other instrument chargeable under the law in force in Brunei Darussalam when such instrument was executed or, when several persons executed the instrument at different times, first executed;

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• duty

  duty

  Defined · s 2

  “duty” means any stamp duty for the time being chargeable by law;

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• instrument

  instrument

  Defined · s 2

  “instrument” includes every document by which any right or liability is or purports to be created, transferred, limited, extended, extinguished or recorded;

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• stock

  stock

  Defined · s 2

  “stock” includes any share in the capital stock or funded debt of any corporation, company or society in Brunei Darussalam or elsewhere, and stocks and funds of the Government of Brunei Darussalam or any other Government;

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