Substitution of new section for section 8A of Act 2 of 1899

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Full Text of the Document

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....ository not liable to stamp duty.- (1) Notwithstanding anything contained in this Act or any other law for the time being in force,- (a) an issuer, by the issue of securities to one or more depositories, shall, in respect of such issue, be chargeable with duty on the total amount of security issued by it and such securities need not be stamped; (b) where an issuer issues....