Read the full judgment text of HCA 012821/1983 on BabelCite. This High Court CFI judgment was delivered on 7 February 1985.
1. Everybody knows that Stamp Duty is charged on the transfer of land. The rate is set out in the first schedule to the Stamp Duty Ordinance. In the case of a conveyance on sale, it arises rateably on the value of the consideration. By section 27(1) where there has been a conveyance by voluntary disposition inter vivos the rate is determined by the value of the property. By section 27(4) if the Collector of Stamp Duty thinks that the consideration for a conveyance on sale is inadequate the conve