Stamp Duties Consolidation Act 1999 section 23

Restriction on stamping after execution

Section 23 provides that a bill of exchange must not be stamped with an impressed stamp after it has been executed.

• A bill of exchange cannot receive an impressed stamp once it has been executed
• The restriction applies specifically to impressed stamps, as distinct from adhesive stamps
• The timing rule means the stamping must take place before or at the point of execution
• The section was amended by section 101 of the Finance Act 2007