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Section 12: Ouverture de crédit

Registration Duty Act · PART II: LIABILITY TO DUTY

consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

12. Ouverture de crédit Where a person enters into an agreement to advance money at future dates (ouverture de crédit), duty shall be leviable on the total amount of the advances agreed to be made.

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