Regulation 37 Duty stamps - damaged

(1)

This paragraph applies where duty stamps are discovered to have been damaged.

(2)

Where paragraph (1) applies, the approved stamp holder responsible for those stamps must—

(a)

notify the stamp issuer of that discovery in accordance with paragraph (3), and

(b)

either—

(i)

return the stamps to the stamp issuer, or

(ii)

destroy the stamps in accordance with such requirements as the Commissioners may specify in a notice published by them,

within such period as the Commissioners must specify in a notice published by them.

(3)

A notification under paragraph (2)(a) must—

(a)

include such details as the Commissioners may specify in a notice published by them;

(b)

be sent by electronic communication by the end of such period as the Commissioners must specify in a notice published by them.

(4)

For the purposes of this regulation, the Commissioners may specify in a notice published by them what it means for a duty stamp to be “damaged”.