DUTY CHARGEABLE ON ISSUE OF INSTRUMENT

Related Commentary  Related HMRC Manuals

21(1)  This paragraph applies where duty is chargeable under paragraph 1 of this Schedule.

21(2)  The instrument–

(a)shall before being issued be produced to the Commissioners, together with such particulars in writing of the instrument as the Commissioners may require, and

(b)shall be deemed to be duly stamped if and only if it is stamped with a particular stamp denoting that it has been produced to the Commissioners.

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