Clause 2

by deleting the definitions of “adhesive stamp”, “die” and “impressed stamp”;

by deleting the definitions of “continuation clause”, “policy of insurance” and “policy of sea insurance”;

by deleting the definition of “duly stamped” and substituting the following definition:“ “duly stamped”, as applied to an instrument chargeable with duty, means —

that the instrument bears an adhesive or impressed stamp of not less than the proper amount, and that stamp has been affixed in accordance with the provisions of this Act for the time being in force at the time of stamping; or

that the instrument, if stamped using the E-Stamping system, has attached to it a stamp certificate issued for the instrument by the Commissioner in accordance with the provisions of this Act for the time being in force at the time of stamping;”;

by inserting, immediately after the definition of “duty”, the following definition:“ “E-Stamping system” means the computer service established under section 6B;”;

by inserting, immediately after the words “to impress stamps” in the definition of “proper officer”, the words “or to issue stamp certificates”;

by inserting, immediately after the definition of “proper officer”, the following definition:“ “registered person” means a person approved under section 6B to be a registered user of the E-Stamping system;”; and

by inserting, immediately after the definition of “settlement”, the following definition:“ “stamp certificate” means a certificate that is issued electronically in respect of any instrument chargeable with duty denoting the amount of duty payable in respect of that instrument or that the duty otherwise chargeable in respect of that instrument is remitted;”.