Finance Act, 1908

Part II.


Reduction of stamp duty on marine policies for a voyage.

54 & 55 Vict. c. 39.

5. As from the first day of January nineteen hundred and nine, a penny shall be substituted for threepence as the stamp duty chargeable under paragraph (2) (a) of the heading Policy of Sea Insurance in the First Schedule to the Stamp Act, 1891, on a policy of sea insurance for or upon any voyage in respect of every full sum of one hundred pounds, and also any fractional part of a hundred pounds, insured by the policy.