7.
| (1) Where the payment of stamp duty with which an instrument is chargeable is indicated by means of an adhesive stamp, the person executing such instrument, or in the case of a notarially executed instrument, the notary, shall cancel the stamp by writing his name across it in ink so as not to admit of it being used again. |
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| (2) Where an instrument bears an adhesive stamp of the value of fifty rupees or more, such stamp shall, in addition to the writing referred to in subsection (1), be cancelled by cutting it with a prick, punch, cutter or nipper. |
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| (3) Any instrument bearing an adhesive stamp "which has not been cancelled in the manner set out in subsections (1) and (2) shall be deemed to be unstamped to the extent of the value of that stamp. |
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Sri Lanka Consolidated Acts