1146. Stamp duties must be paid and denoted by stamps produced by means of a die only.

Stamp duties must be paid and denoted in accordance with the regulations contained in the enactments1 relating to such duties, and, except where express provision is made to the contrary, must be denoted by stamps produced by means of a die only2.

Although stamp duty was once paid by means of the purchase of stamped material or adhesive stamps, the modern practice is to stamp almost all instruments3 after execution by a stamp or stamps by HMRC Stamp Taxes upon payment of the duty chargeable on the instrument and any interest and penalty for late stamping