STAMP DUTY DECLARATION Sample Clauses
A Stamp Duty Declaration clause serves to confirm which party is responsible for paying any stamp duty arising from the execution of the agreement. Typically, this clause specifies whether the buyer, seller, or another party will bear the cost of stamp duty, and may require the responsible party to complete necessary filings or provide evidence of payment. Its core practical function is to allocate the financial and administrative responsibility for stamp duty, thereby preventing disputes and ensuring compliance with legal requirements.
POPULAR SAMPLE Copied 5 times
STAMP DUTY DECLARATION. IT IS HEREBY DECLARED THAT this Agreement, the other Security Documents are instruments employed in one transaction to secure the payment of the Facility and all other monies due and owing by the Customer to the Bank and for the purpose of Section 4(3) of the Stamp Act, 1949 (Consolidated and Revised in 1989), this Agreement shall be deemed to be a substitution or a supplemental to the principal instrument. The duty chargeable for this Agreement shall be exempted, remitted or of nominal value pursuant to:-
a. General exemption under Para 35(6) of Stamp ▇▇▇ ▇▇▇▇; or
b. Stamp Duty (Remission) Order 2011; or
c. this Agreement being an auxiliary or secondary instrument.
STAMP DUTY DECLARATION. For the purposes of Section 4(3) and Item 27 of the First Schedule to the S▇▇▇▇ ▇▇▇, ▇▇▇▇ of Malaysia, the Credit Agreement shall be deemed to be the principal instrument and security to secure the payment of a foreign currency loan of the aggregate principal amount of up to United States Dollars Nine Hundred and Seventy-Five Million (US$975,000,000/-), of which a Ringgit tranche of the aggregate principal amount of up to Ringgit Seventy-Six Million Three Hundred and Sixty Thousand (RM76,360,000/-) forms part, and this Guarantee is deemed to be a secondary instrument.
STAMP DUTY DECLARATION. (a) IT IS DECLARED THAT this Murabahah Sale Contract constitute one of the several instruments relating to Islamic facilities where pursuant to Section 4(3) of the Stamp Act, 1949, the Facility Agreement shall be deemed as the principal instrument and this Murabahah Sale Contract shall be deemed as the subsidiary instrument.
(b) Pursuant to Paragraph 6 of the General Exemptions of the First Schedule of the Stamp Act 1949 to which this Murabahah Sale Contract is an additional instrument strictly required for the purpose of compliance with the Shariah Principle, this Murabahah Sale Contract is exempted from stamp duty.
STAMP DUTY DECLARATION. IT IS AGREED AND DECLARED that the Financing Documents are instmments employed in one transaction to secure such principal amount as the ad valorem stamp duty paid and endorsed on the original of this Agreement (and/or as the case may be, the relevant Letter of Offer) together with interest within the meaning of Section 4(3) of the Stamp Act 1949 and for the purpose of the said section, this Agreement (and/or as the case may be, the relevant Letter of Offer) is deemed to be the principal inshument and all other Financing Documents are deemed to be secondary instruments. Small and Enterprise Banking All Monies Facilities Agreement
1 Date of Agreement 3 0 JUN 2023 2(a) Name and particulars of Borrower EMP SOLUTION SDN BHD (Company No. : 200501025998(708131-V)) Registered Address U▇▇▇ ▇▇-▇▇, ▇▇▇▇▇ ▇▇,▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Business Address NO. 2▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ SHAH ALAM SELANGOR Email Address Nil 2(b) Business Address of Bank AMBANK (M) BERHAD (Company No. : 196901000166 (8515-D)) W▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇/▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, SELANGOR Email Address l▇▇▇▇▇▇▇▇-▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ 3 The Process Agent (if applicable) NIA Address NIA Small and Enterprise Banking All Monies Facilities Agreement
STAMP DUTY DECLARATION. It is hereby agreed and declared that this Agreement is among the instruments employed in one transaction to secure the Facility and all other monies due and payable thereon within the meaning of Section 4(3) of ▇▇▇▇▇ ▇▇▇, ▇▇▇▇ (Consolidated and Revised, 1989) and for the purpose of the said Section, this Agreement is deemed to be the subsidiary instrument.
STAMP DUTY DECLARATION. IT IS HEREBY DECLARED THAT this Agreement and the other Transaction Documents are instruments employed in one transaction to secure the payment of the Facility and all other monies due and owing by the Customer to the Bank and for the purpose of Section 4(3) of the Stamp Act, 1949 (consolidated and revised in 1989), this Agreement will be the principal instrument.
STAMP DUTY DECLARATION. For the purposes of the Stamp Duty Exemption (No. 23) Order 2000, IT IS HEREBY DECLARED that this Deed constitutes one of the several instruments employed in the issuance of up to Ringgit Malaysia equivalent to US Dollar Nine Hundred Million (USD900,000,000.00) Junior Sukuk which has been sanctioned by the Securities Commission and is hereby exempted from stamp duty pursuant to the provisions of the Stamp Duty Exemption (No. 23) Order 2000. SCHEDULE 1 GLOBAL SUKUK (Company No. 264292-W) (incorporated under the Companies Act 1965) ("the Issuer") Nominal Value: [**] Issue Date: Maturity Date:
STAMP DUTY DECLARATION. It is hereby agreed and declared that the Transaction Documents are all instruments employed in one transaction relating to the Equity Home Financing-i Facility as set out in Item 7 of Schedule 1 herein and for the purpose of section 4(3) and Item 27 of the First Schedule of the Stamp Act, 1949, the Musharakah Agreement shall b e deemed to be the principal instrument and this Agreement is deemed to be the secondary or subsidiary instrument.
1. The day Agreement and year of this The day of
2. Registered and business address of the Bank
3. Name, description and present address and facsimile transmission, electronic or digital transmission communication numbers and/ or addresses (if any) of the Customer
4. Property
5. Ijarah Tenure [●] months / [ ●] years
6. Ijarah Rates Ijarah Payment may vary according to the changes of IBR (Islamic Bank Rate) from time to time and incidental costs charged
7. Equity Home Financing -i Facility Ringgit Malaysia ● (RM ●)
8. Costs in Maintenance relation to Major Quit rent, assessment fee, fire insurance/ house owner takaful , any other takaful and taxes related to the Property and any liabilities incurred on the Pr operty which are not caused by negligence of the Customer
9. Costs in relation to Ordinary Maintenance Water bills, electricity bills, Indah Water fee, maintenance fee to developer/ management committee
STAMP DUTY DECLARATION. IT IS HEREBY DECLARED THAT this Agreement and the other Transaction Documents are instruments employed in one transaction to secure the payment of the Facility and all other monies due and owing by the Customer(s) to the Bank and for the purpose of Section 4(3) of the Stamp Act, 1949 (Consolidated and Revised in 1989), the Facility Agreement shall be the principal instrument and this Agreement shall be the secondary or subsidiary instrument. [THE REST OF THIS PAGE IS INTENTIONALLY LEFT BLANK] Item Matters Particulars
1. The day and year of this Agreement 2(a). Particulars of the Customer(s) Name: NRIC No. Address: Name: NRIC No. Address: 2(b). Place of business of the Bank
STAMP DUTY DECLARATION. IT IS DECLARED THAT this Murabahah Sale Contract constitute one of the several instruments relating to Islamic facilities where pursuant to Section 4(3) of the Stamp Act, 1949, the Facility Agreement shall be deemed as the principal instrument and this Murabahah Sale Contract shall be deemed as the subsidiary instrument.