Stamp Act · 2022 Revised Edition · Part 2
20. Sale of annuity or right not before in existence
Official textFrom Attorney General's Chambers, unchanged
When upon the sale of any annuity or other right not before in existence such annuity or other right is not created by actual grant or conveyance, but is only secured by bond, warrant of attorney, covenant, contract or otherwise, the bond or other instrument, or some one of such instruments, if there be more than one, is to be charged with the same duty as an actual grant or conveyance, and is for the purpose of this Act to be deemed an instrument of conveyance on sale.
conveyance
“conveyance” includes every instrument and every decree or order of Court whereby any property (movable or immovable) or any estate or interest in any property is transferred inter vivos and which is not otherwise specifically provided for under this Act;
Stamp
Terms defined in s 2
bond
Defined · s 2“bond” means any instrument whereby a person obliges himself to pay money to another, on condition that the obligation shall be void if a specified act or condition is performed or observed, or is not performed or observed, as the case may be;
conveyance
Defined · s 2“conveyance” includes every instrument and every decree or order of Court whereby any property (movable or immovable) or any estate or interest in any property is transferred inter vivos and which is not otherwise specifically provided for under this Act;
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;
Part
Liability of Persons to Payment of Duty
Part 4
Part
Time of Stamping Instruments
Part 6
Part
Sale of Stamps and Allowance for Spoiled Stamps
Part
Offences and Penalties
Part
Estate Duties
Part