Stamp Duties (Amendment) Act 1949 (NSW)
STAMP DUTIES (AMENDMENT) ACT.
Act No. 37, 1949.
George VI. An Act to amend the Stamp Duties Act, 1920-
| No. 37,1949. | 1940, in certain respects; and for purposes connected therewith. [Assented to, 12th November, 1949.] |
T ) E 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 New South
Wales in Parliament assembled, and by the authority of
the same, as follows :—
| Short-title. | 1. (1) This Act may be cited as the “ Stamp Duties |
| and |
| .citation. | (Amendment) Act, 1949.” | |
| (2) The Stamp Duties Act, 1920, as amended by subsequent Acts and by this Act, may be cited as the | ||
|
| Amendment | 2 . The Stamp Duties Act, 1920-1940, is amended by |
| of Act |
| No. 47, | inserting next after subsection one of section nine the |
| 1920. | following new subsection :— |
| Sec. 9. |
| (Regula | (1a) Without limiting the generality of the provisions of paragraph (c) of subsection one of this section regulations may be made for and in relation to— |
| tions.) |
| (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; |
| (c) | prescribing conditions to be observed by any person licensed as aforesaid in the impressing of stamps; |
| ( d ) | , |
| General Loan Account Appropriation Act. | 33a |
| (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; | 37, iMO. |
| (e) | prescribing for the purposes of this sub section 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 Commissioiiei’, |
Any bills of exchange upon which stamps have been impressed in accordance with the provisions of tile regulations made under this subsection shall be deemed to be duly stamped.
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