(1) When ¾

(a) duty is paid on an instrument;

(b) penalty tax or any other amount payable under a stamp Act in respect of an instrument is paid;

(c) the payment of duty payable on, or penalty tax or any other amount payable under a stamp Act in respect of, an instrument is waived;

(d) the Commissioner assesses an instrument as being not chargeable with duty;

(e) the Commissioner exempts an instrument from duty; or

(f) the Commissioner allows a reduction of the duty payable on an instrument,

the Commissioner is to endorse the instrument accordingly.

(2) An endorsement under subsection (1) must be made in a prescribed manner.

(3) An instrument is taken to be endorsed in accordance with subsection (1) if the Commissioner endorses, in a prescribed manner, a copy or memorandum of the instrument under section 20 of the Taxation Administration Act 2003.

(4) The grant or transfer of a licence (as defined in section 76B) is taken to be endorsed in accordance with subsection (1) when it is granted or transferred.

(5) An endorsement on an instrument, or on a copy or memorandum of an instrument, in a prescribed manner is prima facie evidence of the matters noted in the endorsement.

(6) The Commissioner may, at the request of a party to an instrument specified in the Third Schedule, endorse the instrument as exempt from duty.

[Section 17C inserted by No. 2 of 2003 s. 9.]