1144. Penalties payable on late stamping of an instrument.

A penalty is payable on the stamping of an instrument which is not presented for stamping within 30 days after1:

  1.  

    (1)     if the instrument is executed in the United Kingdom (or which relates to land in the United Kingdom), the day on which it was executed2; and

  2.  

    (2)     if the instrument is executed outside the United Kingdom (and does not relate to land in the United Kingdom), the day on which it is first received in the United Kingdom