The 1[Commissioner of Stamps] or the Collector if
empowered by the 1[Commissioner of Stamps] in this behalf may, without
limit of time, make allowance for stamped papers used for printed forms
of instruments by any banker or by any incorporated company or other
body corporate, if for any sufficient reason such forms have ceased to be
required by the said banker, company or body corporate ; provided that
such authority is satisfied that the duty in respect of such stamped papers
has been duly paid.
1. Substituted by Act III of 2006.