(1) Duty shall not be charged on ¾

(a) cheques or orders for the withdrawal of moneys deposited in any financial institution, drawn or issued by a body in respect of which the Commissioner has granted a certificate in writing stating that the Commissioner is satisfied that that body is for the purposes of this section a charitable body or a body established for similar public purposes, as the case may be; or

(b) cheques drawn by persons specified in subitem (4) of item 1 of the Third Schedule in the circumstances set out in that subitem.

(2) Notwithstanding the repeal and substitution of section 49A by section 35 of the Stamp Act Amendment Act 1979 ¹, duty shall not be charged on cheques or orders for the withdrawal of moneys deposited in any financial institution, drawn or issued by a body granted a certificate under section 49A before that repeal and substitution, which certificate was in force immediately before that repeal and substitution.

[Section 49A inserted by No. 37 of 1979 s.35; amended by No. 22 of 1998 s.51.]