Deposit Slip Showing Part Payment By The Bank Of A Cheque Before It Was Actually Deposited Does Not Require Stamp
This section is from the book "Canadian Banking Practice", by John T. P. Knight.
This section is from the "" book, by .
Deposit Slip Showing Part Payment By The Bank Of A Cheque Before It Was Actually Deposited Does Not Require Stamp
Question 266. - Does a deposit made out showing the amount of a cheque less cash which the customer wishes to draw, need a war stamp, as,
Cheque.............................. | $175 83 |
Less cash ........................... | 75 83 |
Total.......... | $100 00 |
Answer. - If you refer to the withdrawal of cash, viz., $75.83, it will not be necessary to affix a war stamp to the deposit slip. Section 12, sub-section 4 of the Special War Revenue Act, 1915, only refers to receipts for money paid by the bank chargeable against deposits of money in the bank.
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