Stamp Act Amendment Act 1941 (WA)

No. 35.] Stamp. [1941.

STAMP.

5° and 6° Giro. VI., No. XXXV.

No. 35 of 1941.

AN ACT to amend the Stamp Act, 1921-1931.

[Assented to 19th December, 1941.]

RE it enacted by the King's Most Excellent Majesty,

by and with the advice and consent of the Legis-

lative Council and Legislative Assembly of Western

Australia, in this present Parliament assembled, and by

the authority of the same, as follows:—

Short title. 1.

This Act may be cited as the Stamp Act Amend- ment Act, 1941, and shall be read as one with the Stamp

Act, 1921-1931 (No. 10 of 1922 as reprinted in the Sessional volume of Statutes for the year 1933), herein- after referred to as the principal Act.

Amendment

Section seventy-three of the principal Act is amended by inserting after the word "person" appear- ing in the fifth line of the said section the following words:

of s. 73 of the 2.

Principal Act.

and every instrument which is or is intended to be a record or acknowledgment of any verbal promise or agreement previously made (whether voluntary or upon any good or valuable consideration other than a bona fide pecuniary consideration) to give or settle any property in any manner whatsoever.

Amendment

The Second Schedule to the principal Act is amended as follows:—

of Second 3.

Schedule.

(a) under the heading "Conveyance or transfer on sale of property"-

" (i) item 3, commencing with the words " Transfer of scrip or shares of an in- corporated company," is amended by substituting the figures " 0 0 3" for the figures " 0 1 0 " in the column set opposite the said item.

(ii) item 5, commencing with the words " Transfer of shares of any co-operative and provident society," is amended by substituting the figures "0 0 3" for the figures " 0 1 0 " in the column set opposite the said item."

1941.] Stamp. [No. 35.

(b) by inserting after the item "Recoriveyance" a

new item, as follows:-

" RECORD on ACKNOWLEDGMENT ot.

PROMISE ox AGREEMENT

Any instrument which is or is intended to The person

be a record or acknowledgment of any	executing the
verbal promise previously made (whether	instrument.
voluntary or upon any good or valuable
consideration other than a bona fide
pecuniary consideration) to give or settle any property in any manner whatsoever.

The same duty as

upon a convey- ance or transfer

Upon the amount or value of such property on sale. Mini- mum duty, ten shillings."

4. The principal Act as amended by this Act may be Citation ofprincipal Act

cited as the Stamp Act, 1921-1941. as amended.