Stamp Duty Act, 1958 🇰🇪

Kenya

Preamble

Part I – – PRELIMINARY

1. Short title

2. Interpretation

3. Application of Act

4. Officers

Part II – PROVISIONS APPLICABLE TO INSTRUMENTS GENERALLY

5. Liability to stamp duty

6. Time of stamping and liability for stamping

7. Duties, how to be paid

8. How instruments are to be written and stamped

9. Instruments to be separately charged in certain cases

+21 more sections

Part III – PROVISIONS APPLICABLE TO PARTICULAR INSTRUMENTS

30. Certain mortgages of stock to be chargeable as agreements

31. Deleted by Act No. 13 of 2017, Sch.

32. Meaning of “bill of exchange”

33. Meaning of “promissory note”

34. Provisions as to stamping foreign bills and notes

+62 more sections

Part IV – RELIEF FROM STAMP DUTY IN CERTAIN CASES

95. Reconstruction or amalgamation of companies

96. Transfers between associated companies

96A. Exemption of stamp duty on the transfers relating to real estate investment trust

96B. Exemption from payment of stamp duty on transfer of title relating to Sukuk arrangement

97. Exemption of building societies’ documents from stamp duty

Part V – ALLOWANCES FOR STAMPS IN CERTAIN CASES

98. Allowance for spoiled stamps

99. Conditions upon which applications under section 98 shall be granted

100. Allowance for misused stamps

101. Allowance for spoiled or misused stamps, how to be made

102. Allowance for stamps not required for use

Part VI – MISCELLANEOUS

103. As to discontinuance of dies

104. Conditions and agreements as to duty void

105. Compounding duty on cheques

106. Power to exempt instruments

107. Registers, books, etc., to be open to inspection

+3 more sections

Part VII – CRIMINAL OFFENCES AND PROCEDURE

111. Penalty for not drawing full number of bills or marine policies purporting to be in sets

112. Penalty for postdating bills and for other devices to defraud the revenue

113. Penalty for frauds in relation to stamp duties

114. Liability in the case of corporate bodies and firms

115. Search

+1 more sections

Part VIII – – GENERAL

117. Exemptions from stamp duty

118. Expenses

119. Regulations

119A. Power to amend Schedule

120. Appointments under Cap. 259 (1948)

Schedule 5

REPUBLIC OF KENYA

Stamp Duty Act, 1958

Act 31 of 1958

Assented to on 11 August 1958
Commenced on 1 October 1958
[This is the version of this document from 1 October 1958.]

An Act of Parliament to make provision for the levying and management of stamp duties; and for purposes connected therewith and incidental thereto

Part I – – PRELIMINARY

1. Short title

This Act may be cited as the Stamp Duty Act.

2. Interpretation

In this Act, except where the context otherwise requires—“collector” means the Kenya Revenue Authority established under the Kenya Revenue Authority Act (Cap. 469);“consideration” or “valuable consideration” includes valuable consideration in money or money’s worth, marriage and natural love and affection;“duty” and “stamp duty” mean any stamp duty for the time being chargeable by any written law;“executed” and “execution”, with reference to instruments not under seal, mean signed and signature;“instrument” includes document;“Islamic finance arrangement” has the meaning assigned to i…

Read the Full Legislation on judy.legal

Access annotations, citing cases, and more legal research tools.

Open in judy.legal

Stamp Duty Act, 1958 🇰🇪

Table of Contents

REPUBLIC OF KENYA

Stamp Duty Act, 1958

Act 31 of 1958

Part I – – PRELIMINARY

1. Short title

2. Interpretation

Read the Full Legislation on judy.legal