Stamp Acts Amendment Act of 1950 (14 Geo Vi No. 10) (Qld)

244 STAMP DUTIES. Stamp Acts Amendment Act. 14 GEO. VI. No. 10, STAMP DUTIES. 14 N G o E . O lO . V . I. An Act to Amend "The Stamp Acts, 1894 to 1942," THE STAMP ACTS AMENDMENT in certain particulars. ACT OF 1950. [ASSENTED TO 9TH NOVEMBER, 1950.] B E it enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legis- lative Assembly of Queenslandin Parliament assembled. and by the authority of the same, as foHows;- Short title 1. This Act may be cited as "The Stamp Acts : ~ truction. ~ ~ endment Act of 1950," and shall be read as one with * The Stamp Acts, 1894 to 1942," herein referred to as the Principal Act. tCitollel. ective citedTahse" P T ri h n e ci S p t a a l m A p c A t c a t n s, d 1t8h9is4 A to c 1 t 9 m 50 a . y " be collectively o A f m s. e 8 n 3 d . ment amen 2 d . edSeacstifoonlloweisg; ht-y-three of the Principal Act is (a) The first paragraph thereof (being all words from and including the words" The Governor in Council " to and including the words" into effect" where those lastmentioned words appear in subparagraph six of the said first paragraph) is numbered subsection one of the said section. (b) The following subsection is inserted after subsection one (as previously numbered by this section) thereof, namely ;- " (2.) Without limiting the generality of the provisions of subsection one of this section regulations may be made for and in relation to- (a) Empowering the Commissioner to authorise any bank to impress stamps or have stamps impressed upon forms of bills of exchange of any prescribed class; (b) Prohibiting any person printing forms of bills of exchange for and on the order of any bank from impressing stamps thereon unless licensed in that behalf by the Commissioner; ... 58 V. No. 8 and amending Acts.

1950. STAMP DUTIES. Stamp Acts Amendment Act. (c) Prescribing conditions to be observed by any person licensed as aforesaid in the impressing of stamps; (d) Providing for the making of periodical payments by banks of amounts equivalent to the value of stamps impressed in pursuance of any such authority; (e) Prescribing for the purposes of this subsection the procedure to be followed by banks and persons printing forms of bills of exchange for and on the order of any bank and for such purposes requiring the prescribed returns and information to be furnished to the Commissioner. Any bills of exchange upon which stamps have been impressed in accordance with the provisions of the regulations made under this subsection shall be deemed to be duly stamped." (c) That part of the said section from and including the second paragraph to the end thereof is numbered subsection three of the said section. The said subsection three, as so numbered by this paragraph (c), is amended by repealing the words" both Houses of" and the words " either House of". 245 STATE ELECTRICITY COMMISSION. See ELECTRICITY. STATE DEVELOPMENT AND PUBLIC WORKS ORGANISATION. See "\VORKS. STATE HOUSING. See HOUSING. STATUTORY SALARIES AND ALLOWANCES S cc PUBLIC SERVICE.