25. (1) Where any document of security or pledge, or any act of suretyship, indemnity or guarantee referred to in Item 15 of Schedule 1, secures a principal sum and in addition a subsidiary or contingent liability for interest, costs or other charges, duty shall not be payable under that Item in respect of such subsidiary or contingent liability. (2) Where it is shown to the satisfaction of the Permanent Secretary that the value of property pledged is less than the amount secured by such pledge, any duty chargeable under Item 15(1) of Schedule 1 in respect of the relevant document of pledge shall be charged on the value of the property pledged. PART V OFFENCES Offences relating to stamping or defacement of stamps and to evasion of duty 26. Any person who - (a) in relation to the stamping of any instrument or the defacement of any stamp on any instrument, without lawful excuse uses, enters or attests any date other than the true date; or (b) knowing it to be false states any facts or circumstances relative to the character of any instrument or the duty chargeable in respect of any instrument; or (c) by any act, contrivance or omission evades or attempts to evade or aids or abets any other person in evading any duty payable under this Act, shall be guilty of an offence and on conviction be liable to a fine not exceeding R2 000 or to imprisonment for a period not exceeding six months or to both such fine and such imprisonment. Offences relating to dies and stamps 27. (1) Any person who - (a) forges a die or stamp; (b) prints or makes an impression upon any material with a forged die; (c) with intent to defraud, prints or makes an impression upon any material from a genuine die; (d) cuts, tears or in any other way removes from any material any stamp, with intent that any fraudulent use should be made of such stamp or of any part thereof; (e) mutilates any stamp with intent that any fraudulent use should be made of such stamp or any part thereof; (f) with intent to defraud, fixes or places upon any material any stamp or part of a stamp which, whether with such intent or not, has been cut, torn or in any other way removed from any other material;
25. (1) Where any document of security or pledge, or any act of suretyship, indemnity or guarantee referred to in Item 15 of Schedule 1, secures a principal sum and in addition a subsidiary or contingent liability for interest, costs or other charges, duty shall not be payable under that Item in respect of such subsidiary or contingent liability. (2) Where it is shown to the satisfaction of the Permanent Secretary that the value of property pledged is less than the amount secured by such pledge, any duty chargeable under Item 15(1) of Schedule 1 in respect of the relevant document of pledge shall be charged on the value of the property pledged. PART V OFFENCES Offences relating to stamping or defacement of stamps and to evasion of duty 26. Any person who - (a) in relation to the stamping of any instrument or the defacement of any stamp on any instrument, without lawful excuse uses, enters or attests any date other than the true date; or (b) knowing it to be false states any facts or circumstances relative to the character of any instrument or the duty chargeable in respect of any instrument; or (c) by any act, contrivance or omission evades or attempts to evade or aids or abets any other person in evading any duty payable under this Act, shall be guilty of an offence and on conviction be liable to a fine not exceeding R2 000 or to imprisonment for a period not exceeding six months or to both such fine and such imprisonment. Offences relating to dies and stamps 27. (1) Any person who - (a) forges a die or stamp; (b) prints or makes an impression upon any material with a forged die; (c) with intent to defraud, prints or makes an impression upon any material from a genuine die; (d) cuts, tears or in any other way removes from any material any stamp, with intent that any fraudulent use should be made of such stamp or of any part thereof; (e) mutilates any stamp with intent that any fraudulent use should be made of such stamp or any part thereof; (f) with intent to defraud, fixes or places upon any material any stamp or part of a stamp which, whether with such intent or not, has been cut, torn or in any other way removed from any other material;
stamp-duties-act-0c8c5dd867.docx