Stamp Duties (Agreements for Sale of Equity Interests) (Remission) Rules 2018

the duty chargeable under Article 3(c) of the First Schedule to the Act by reason of section 22(1) of the Act;

the duty chargeable under section 23 (read with section 23B) of the Act.

the contract or agreement is rescinded or annulled; and

the purchaser did not procure the rescission or annulment with a view to facilitating the disposition of the equity interests by the vendor to another person.

the duty chargeable under Article 3(c) of the First Schedule to the Act by reason of section 22(1) of the Act;

the duty chargeable under section 23 (read with section 23B) of the Act.

the person who paid or is liable to pay the duty provides such evidence of the rescission or annulment as may be required by the Commissioner —

within 6 months starting on the date of the rescission or annulment; or

within such longer period as the Commissioner considers reasonable, if the evidence cannot be provided within the period in sub‑paragraph (i) because of unavoidable circumstances; and

the contract or agreement is surrendered for cancellation within the period mentioned in sub‑paragraph (a), unless the Commissioner dispenses with the surrender in a particular case or the instrument has already been surrendered for cancellation in relation to an earlier remission under this rule.