-
Section 69 Stamp Duties Act Section 69 of Stamp Duties Act 1939 is about Leases, how to be charged in respect of produce. It provides as follows: (1) Where the consideration, or any part of the consideration, for which a lease is granted or agreed , consists of any produce or other goods, the value…
-
Section 68 Stamp Duties Act Section 68 of Stamp Duties Act 1939 is about Agreements to be charged as lease. It provides as follows: (1) An agreement for a lease, or with respect to the letting of any lands or tenements, shall be charged with the same duty as if it were an actual lease…
-
Section 67 Stamp Duties Act Section 67 of Stamp Duties Act 1939 is about Provisions as to exchange. It provides as follows: Where upon the exchange of any real property for any other real property, or upon the partition or division of any real property, any consideration exceeding in amount or value two hundred naira…
-
Section 66 Stamp Duties Act Section 66 of Stamp Duties Act 1939 is about Provision as to duplicates and counterparts. It provides as follows: The duplicate or counterpart of an instrument chargeable with duty (except the counterpart of an instrument chargeable as a lease, such counterpart not being executed by or on behalf of any…
-
Section 65 Stamp Duties Act Section 65 of Stamp Duties Act 1939 is about What is to be deemed a conveyance on any occasion not being a sale or mortgage. It provides as follows: Every instrument, and every decree or order of any court, whereby any property on any occasion, except a sale, or mortgage,…
-
Section 64 Stamp Duties Act Section 64 of Stamp Duties Act 1939 is about Licence with a grant to enter upon land. It provides as follows: A licence to a person to enter upon land coupled with a grant whether such grant be the removal of material from land or other transfer of property shall…
-
Section 63 Stamp Duties Act Section 63 of Stamp Duties Act 1939 is about Duty on gifts inter vivos. It provides as follows: (1) Any conveyance or transfer operating as a voluntary disposition inter vivos shall be chargeable with the like duty as if it were a conveyance or transfer on sale, with the substitution…
-
Section 62 Stamp Duties Act Section 62 of Stamp Duties Act 1939 is about Duty payable in certain cases under an Act on vesting of property. It provides as follows: Where by virtue of an Act, either-(a) any property is vested by way of sale in any person; or (b) any person is authorised to…
-
Section 61 Stamp Duties Act Section 61 of Stamp Duties Act 1939 is about Principal instillment, how to be ascertained. It provides as follows: The parties may determine for themselves which of several instruments shall be deemed the principal instrument, and may pay the ad valorem duty thereon accordingly.
-
Section 60 Stamp Duties Act Section 60 of Stamp Duties Act 1939 is about Provision as to sale of an annuity or right not before in existence. It provides as follows: Where upon the sale of an annuity or other right not before in existence such annuity or other right is not created by actual…