6. Section 46 of the principal enactment, as last amended by Act No. 50 of 1971, is hereby further amended by the repeal of subsection (1) of that section and the substitution therefor, of the following new subsection:- "
| (1). When the Commissioner impounds any instrument under sections 38 and 39 or receives any instrument sent to him under section 44 (2), not being an instrument chargeable with a duty not exceeding fifteen cents, or a bill of exchange or promissory note, he shall adopt the following procedure: -
| | (a) if he is of opinion that such instrument is duly stamped or is not chargeable with duty, he shall certify by endorsement thereon that it is duly stamped, or that it is not so chargeable, as the case may be; | | |
| | (b) if he is of opinion that such instrument is chargeable with duty and is not duly stamped, he shall by notice in writing require the payment of the proper duty or the amount required to make up the same, together with a penalty of five rupees; or, if he thinks fit, with a penalty up to ten times the amount of the proper duty or of the deficient portion thereof. whether such amount exceeds or falls short of five rupees.". | | |
|
|
|
Sri Lanka Consolidated Acts