25 Oct 1973
ZUNG FU CO LTD v. THE COLLECTOR OF STAMP REVENUE
- Citation
- ZUNG FU CO LTD v. THE COLLECTOR OF STAMP REVENUE
- Court
- Court of First Instance
- Case number
- HCSA1/1973
The court held that for stamp duty valuation the reference to 'instrument' in head 19(2) means the conveyance presented for stamping and the relevant valuation date is the date of that conveyance (or, by practice, the date of the implementing sale agreement); the 18 June 1969 agreement was not a conveyance on sale or a contract for sale enforceable as such and therefore could not fix the valuation date, so the Collector's re-assessment under s.27 was justified.