Clause 9

by deleting sub-paragraph (i) of Article 3(g) and substituting the following sub-paragraph:“(i)the beneficial interest in the property passes The same duty as in paragraph (a), (b) or (c), as the case may be”;

by inserting, immediately after paragraph (g) of Article 3, the following paragraph:“(h)of any property or any interest thereof which is distributed in specie to a shareholder of a company by the liquidator of the company after the liabilities of the company have been satisfied —

where the shareholder became a shareholder of the company only after the winding up proceedings had commenced The same duty as in paragraph (a), (b) or (c), as the case may be(ii)in any other case $10”;

by relettering the existing paragraph (h) of Article 3 as paragraph (i);

by inserting, immediately below Article 5 under the heading “Description of Instrument relating to immovable property and stock or shares”, the following words:“Exemption: The duplicate or counterpart of any instrument which has been exempted from duty or in respect of which duty has been remitted”; and (e)by deleting Article 6 and substituting the following Article:“6EXCHANGE Any instrument whereby immovable properties are exchanged or agreed to be exchanged The same duty as for a conveyance on sale for each of the immovable properties in the exchange”.