Section 20: Conversion of amount expressed in foreign currencies
The Stamp Act · Federal Acts · Chapter II · in_force
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Conversion of amount expressed in foreign currencies.—(1) Where an instrument is chargeable with ad valorem duty in respect of any money expressed in any currency other than that of [Pakistan], such duty shall be calculated on the value of such money in the currency of [Pakistan] according to the current rate of exchange on the day of the date of the instrument. [* * * * * * *]
Related sections
Section 19: Bills and notes drawn out of PakistanSection 21: Stock and marketable securities how to be valuedSection 18: Instruments other than bills and notes executed out of PakistanSection 22: Effect of statement of rate of exchange or average priceSection 17: Instruments executed in PakistanSection 23: Instruments reserving interest
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