METHOD OF PAYMENT

• Payment may be made in the following manner:-
  1. Cash (if the duty does not exceed RM100) or
  2. Revenue Stamp (if the duty does not exceed RM500) or
  3. Money Order, Solicitor's Cheque or Bank Draft,made payable to the Deputy Collector of Stamp Duty and sent together with the relevant instrument to the stamp duty office by hand or through registered post.
• Relief From Stamp Duty
  Relief may be given pursuant to:
  1. Section 15 Stamp Act 1949
  2. Section 15A Stamp Act 1949
• RECENT AMENDMENTS TO THE STAMP ACT 1949
  (With effect from 1 January 2001)
  1. All fixed duty documents (other than cheques, Articles of Association of a company, Memorandum of Association of a company) are subject to duty of RM10.00.
  2. All documents constituting a Charge or Mortgage, Agreement for a Charge or Mortgage (including that under the Syariah), Bond, Covenant, Debenture etc. being the principal security for the payment or repayment of money are subject to duty of RM5.00 for every RM1,000.00 or part thereof.
  3. All documents being the security for payment or repayment of money made for the purpose of pursuing higher education in higher educational institutions are subject to duty of RM10.00.