Duty on Documents and Transfers Act (Cap. 364), article 30

30. (1) Any person issuing or signing any policy of insurance referred to in the foregoing arti cles, shall pay duty thereon i n accordance with the provisions of this Act or of any regulation s made thereunder. (2) Any person who fails to comply with the provisions of sub- article (1) shall be liable to p ay a penalty of not less than t wenty- three euro (23) but not exceeding two hundred and thirty euro (230). (3) Any person who fails to comply with the provisions of sub- article (1) shall together with t he duty assessed in accordance with this Act be liable to interest at a r ate as prescribed by the Minist er. Copies of policies of insurance on which duty has not been duly paid. Amended by: L.N. 425 of 2007.