53Stamping of instruments

### 53 Stamping of instruments > > (1)  An instrument is taken to be duly stamped but without affecting liability for the payment of tax in relation to the instrument under the relevant taxation law if – > > > > > > (a) an approval provides that the instrument is exempt from a requirement for the stamping; and > > > > > > > (b) the instrument is endorsed in accordance with the conditions of the approval. > > > (2)  A person must not endorse an instrument otherwise than under and in accordance with an approval so as to suggest or imply that the instrument is properly so endorsed and as a result is taken to be duly stamped. > > > > Penalty:  Fine not exceeding 100 penalty units. > > > (3)  [*\[Section 53 Subsection (3) inserted by No. 17 of 2001, s. 5, Applied:01 Jul 2001\]*](/view/html/inforce/2001-07-01/act-2001-017#GS5@EN) The endorsement of an instrument as referred to in [subsection (1)(b)](#GS53@Gs1@Hpb@EN) is not evidence of an assessment of the duty payable under the [Duties Act 2001](/view/html/inforce/2026-04-12/act-2001-015) in respect of the instrument.