Act of Parliament · As enacted
Stamp Duty (Special Provisions) (Amendment) Act 2008
Official English translation. The Sinhala text prevails.
Official translationFrom Department of Government Printing, unchanged
This Act may be cited as the Stamp Duty (Special
Provisions) (Amendment) Act, No. 10 of 2008.
The provisions of this Act, shall be deemed for all purposes to have come into operation from January 1, 2008.
s 2Amendment of section 6 of Act, No. 12 of 2006
Section 6 of the Stamp Duty (Special Provisions) Act,
No. 12 of 2006 (hereinafter referred to as the “principal enactment”) is hereby amended as follows:—
in paragraph (d) of that section, by the substitution for the words “credit card holder; and”, of the words
“credit card holder;”;
by the insertion, immediately after paragraph (d), of the following new paragraphs:—
“(dd) in the case of a warrant to act as Notary Public, by the person applying for the office of Notary;
in the case of a licence, by the person applying for the same; and”.
s 3Replacement of section 8 of the principal enactment
Section 8 of the principal enactment is hereby repealed and the following section substituted therefor:—
8. (1) Otherwise than, when stamp duty is compounded in terms of section 7, the stamp duty payable on any specified instrument shall be paid by means of affixing adhesive stamps to the required value, prior to, or at the time of, the
“Manner of payment of stamp duty.
Act, No. 10 of 2008
execution of the instrument. The value of the stamp duty so paid shall be specified on the face of the instrument so executed:
Provided that, share transfers executed in Sri
Lanka shall be stamped within one month from the execution of the same.
Stamp duty payable on any specified instrument relating to a mortgage or lease of any immovable property may be paid, prior to, or at the time of, the execution of the specified instrument, to a prescribed bank. Where however, the stamp duty cannot be so paid due to reasons beyond the control of the person by whom the stamp duty is payable, the stamp duty shall be paid to the prescribed bank within seven days from the date of such execution. The bank shall thereupon issue a certificate in the prescribed form certifying that the stamp duty has been duly paid and such certificate shall be affixed to the instrument so executed.
Any person executing a specified instrument shall at the time of the execution of such specified instrument which is not stamped with an impressed stamp, cancel the stamps thereon by writing or marking in ink on or across each stamp, his name or initials, thereby preventing the stamp from being used again.
Further, where such specified instrument bears an adhesive stamp of the value of fifty rupees or more, such stamp shall be cancelled by the person executing a specified instrument by perforating the same by either cutting or pricking the stamp with a suitable instrument.
Act, No. 10 of 2008
Any specified instrument bearing an adhesive stamp which has not been cancelled in the manner set out in subsection (3) shall be deemed to be unstamped to the extent of the value of such stamp.”.
s 4Sinhala text to prevail in case of inconsistency
In the event of any inconsistency between the Sinhala and Tamil texts of this Act, the Sinhala text shall prevail.
Act, No. 10 of 2008