Stamp Act · 2022 Revised Edition · Part · General
85. Power to reduce, remit or compound duties
Official textFrom Attorney General's Chambers, unchanged
The Minister may, with the approval of His Majesty the Sultan and
Yang Di-Pertuan, by rule or order duly published —
reduce or remit whether prospectively or retrospectively in the whole or any part of Brunei Darussalam the duties with which any instrument or any particular class of instruments, or any of the instruments belonging to such class or any instruments when executed by or in favour of any particular class of persons or by or in favour of any members of such class, are chargeable; and
instrument
“instrument” includes every document by which any right or liability is or purports to be created, transferred, limited, extended, extinguished or recorded;
provide for the composition or consolidation of duties in the case of issues by any incorporated company or other body corporate of debentures, bonds or other marketable securities.
Terms defined in s 2
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;
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;
Spot a mistake in this text? Suggest a correction.