6.
| (1) The stamp duty with which any instrument is chargeable shall be paid before or at the time of execution of the instrument and such payment shall be indicated on such instrument by means of adhesive stamps or impressed stamps except as otherwise permitted in this Act. |
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| (2) The following instruments shall be deemed to have been stamped before or at the time of execution of the instrument:
| | (a) share transfers executed in Sri Lanka which are stamped within one month of execution; | | |
| | (b) any instrument, not being a bill of exchange, cheque or promissory note, executed out of Sri Lanka which is stamped within one month after it has been first received in Sri Lanka; | | |
| | (c) any bill of exchange, cheque or promissory note drawn or made out of Sri Lanka which is stamped before the first holder of such instrument presents it in Sri Lanka for acceptance or payment or otherwise negotiates it. | | |
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| (3) Where it is not practicable to use adhesive or impressed stamps, to indicate the payment of the stamp duty with which such instrument is chargeable, the Commissioner-General may, on payment to him of an amount equal to the stamp duty with which such instrument is chargeable, endorse on the instrument the amount paid and date of payment of such duty. An instrument so endorsed shall be deemed to be duly stamped. |
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Sri Lanka Consolidated Acts