Duty on Documents and Transfers Act (Cap. 364), article 25A

25A. Notwithstanding the provisions of any other article in this Act, including articles 4 and 6, there shall be charged on ever y policy of life insurance, wherever such policy is executed or u sed and in respect of which article 25 does not make specific provi sion, a duty of ten cents for every euro or part thereof of the agree d yearly premium: Provided that - (a) the minimum duty chargeable under this article shall be eleven euro and sixty-five cents (€11.65); (b) where the premium payable is less than eleven euro and sixty-five cents (€11.65), the minimum duty chargeable shall be reduced to ten per centum of the amount of premium so payable: Provided that the provisos to article 25 shall mutatis mutandis apply to this article. Duty on policies of insurance of third party risks or comprehensive of such insurance.