Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsHow certain bonds or mortgages are to be charged
| 16. A bond or mortgage for the payment or repayment of money to be lent, advanced, or paid shall be charged, where the total amount secured or to be ultimately recoverable is in any way limited, with the same stamp duty as on a bond or mortgage for the amount so limited. Where the total amount recoverable is unlimited, the bond or mortgage shall be available for the recovery of such an amount only as is covered by the stamp duty paid on the instrument. |