STAMP DUTIES ACT

Section 90: Certain forms of receipts not dutiable.

1939Section 90 of 118Federal Republic of Nigeria

Neither the name of a banker (whether accompanied by words of receipt or not) written in the ordinary course of his business as a banker upon a bill of exchange or promissory note duly stamped, nor the name of a payee written upon a draft or order, if payable to order, shall constitute a receipt chargeable with duty.

Cite this section

Section 90, STAMP DUTIES ACT (1939).

https://repo.podus.ai/laws/stamp-duties-act/section/90/