Adjudication of Documents for Stamp Duty Purposes

The Registrar, Deputy Registrars and the Assistant Registrar also perform duties as adjudicators of stamp duty under the Stamp Duty Act, Cap. 91, in particular, for the following categories of documents:

Deeds of Covenant

The stamp duty is 1⁄4 of 1% calculated as follows:
Amount of money multiplied by number of years multiplied by 0.01 divided by 4

Example: $500.00 for 3 years
500.00 x 3 x 0.01  /4= $3.75 stamp duty

Powers of Attorney

Under seal – Stamp Duty is twenty-five dollars ($25.00)
Not under seal – Stamp Duty is Ten Dollars ($10.00)

An Agreement

Under seal – Stamp Duty is Fifty dollars ($50.00)
Not under seal – Stamp Duty is Two dollars and fifty cents ($2:50)

Foreclosure Mortgage Deed

Stamp Duty is six dollars ($6.00) for every one thousand dollars ($1,000.00) or
($3.00) for every five hundred dollars ($500.00) or part thereof.