Clause 15

Schedules B and C to the Stamp Ordinance are hereby repealed and the following substituted therefor: —“SCHEDULE B(Sections 7 and 8).Instruments Which May be Stamped With Either Impressed or Adhesive StampsArticle No.Nature of Instrument and the Reference Number thereto in Schedule A.Person required to cancel the adhesive stamp.1AGREEMENT — No. 3The person by whom the instrument is first executed.2BILL OF EXCHANGE (except a promissory note) and CHEQUE — Nos. 14, 15 and 24 (a) when drawn or made out of SingaporeThe first holder in Singapore. (b) when drawn or made in SingaporeThe drawer.3CHARTER PARTY — No. 23The person by whom the instrument is last executed or by whose execution it is completed as a binding contract.4CHEQUE (unless compounded for) No. 24See BILL OF EXCHANGE.5CONTRACT NOTE — No. 26The person by whom the note is executed.6COPY OR EXTRACT — No. 28The person by whom the copy or extract is signed.7LETTER OF ALLOTMENT — No. 43The person by whom the letter is signed.8LETTER OF RENUNCIATION — No. 43The person in whose favour the letter is executed.9NOTARIAL ACT — No. 47The Notary.10NOTE OF PROTEST BY THE MASTER OF A SHIP — No. 48The Notary.11POLICY OF INSURANCE when issued out of Singapore — No. 51The first holder in Singapore.12POWER OF ATTORNEY for the sole purpose of appointing or authorising any person to vote as proxy at a meeting — No. 52 (a)The person by whom the instrument is executed.13PROMISSORY NOTE when drawn or made out of Singapore — No. 53The first holder in Singapore.14PROTEST OF BILL — No. 54The Notary.15PROTEST BY THE MASTER OF A SHIP — No. 55The Notary.16RECEIPT — No. 57The person by whom the receipt is given.17WARRANT FOR GOODS — No. 68The person by whom the instrument is executed or issued.SCHEDULE C(Section 33).Duty by Whom PayableArticle No.Nature of Instrument and the Reference Number thereto in Schedule A.Person liable to pay Duty.1AGREEMENT OR MEMORANDUM OF AGREEMENT — No. 3The person by whom the instrument is first executed.2BOND — Nos. 17, 18, 19 and 21The obligor or other person giving the security.3CONTRACT — No. 25The person by whom the instrument is first executed.4CONVEYANCE — No. 27The grantee or transferee.5COPY or EXTRACT — No. 28The party requisitioning the same.6EXCHANGE — No. 36The parties in equal shares.7LEASE or AGREEMENT FOR LEASE — No. 42 (a) Lease or agreementThe lessee. (b) CounterpartThe lessor.8MORTGAGE — No. 46The mortgagor or obligor.9PARTITION — No. 50The parties thereto, in proportion to their respective shares in the whole property partitioned, unless the partition is made in execution of an order made by a Civil Court or arbitrator, when it shall be paid in such proportion as the Court or arbitrator shall direct.10RECONVEYANCE — No. 58The transferee or assignee or the person redeeming the security.”.