The party who is liable to pay Stamp Duty is usually stated in the agreements. When the terms of the document do not state who is liable to pay Stamp Duty, the party to pay Stamp Duty will follow that as specified in the Third Schedule of the Stamp Duties Act.

Terms of the Agreement

The party who is liable to pay Stamp Duty is usually stated in the agreements. 

Stamp Duties Act

When the terms of the document do not state who is liable to pay Stamp Duty, the party to pay Stamp Duty will follow that as specified in the Third Schedule of the Stamp Duties Act.

Types of Transaction

Party to Pay Stamp Duty

Buying or Acquiring Shares

Buyer or Transferee

Mortgaging Shares

Mortgagor