1139. Charges and rates.

The main current ad valorem stamp duties are:

  1.  

    (1)     the duty of 0.5 per cent on transfers on sale of stock or marketable securities1;

  2.  

    (2)     the duty of 0.5 per cent on transfers of interests in partnerships holding stock or marketable securities2; and

  3.  

    (3)     the higher rate charge of 1.5 per cent in respect of bearer instruments, transfers of securities to persons who issue depositary receipts and transfers of securities to persons who provide clearance services