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Regulation 24 Limits on issue of duty stamps

Original text. Later amendments are not shown.

(1)

The Commissioners may, by way of notification to an approved stamp holder (ASH)—

(a)

impose a limit on the number of duty stamps to be issued to ASH, or in respect of an overseas person represented by ASH, in a specified period;

(b)

at any time vary a limit or period (or both) imposed under sub-paragraph (a).

(2)

ASH may apply to the Commissioners for the imposition of a new limit or period under paragraph (1)(a), whether in respect of ASH or an overseas person represented by ASH.

(3)

An application under paragraph (2) must be made in such form and manner, and contain such information, as the Commissioners may specify in a notice published by them.