Circular No 164/2012
Dated 30 July 2012
To Members of the Malaysian Bar
Report on the Dialogue between Lembaga Hasil Dalam Negeri Malaysia
and Bar Council
Lembaga Hasil Dalam Negeri Malaysia (“LHDNM”) has informed the Bar Council that they shall soon be implementing online payment (ePayment) for stamp duties. This will greatly reduce possibilities of fraudulent, or forgery of, Digital (Stamping) Franking and STAMP Certificates.
As a transition to ePayment, at the request of the Bar Council, LHDNM has agreed to accept solicitors’ cheque drawn on Client’s Account for payment of all stamp duties effective from the date of this circular. However, only bank drafts are accepted for Digital (Stamping) Franking.
If the Client’s Account cheque is returned for whatever reasons after the documents have been stamped, Members are reminded to return the stamped documents to the LHDNM branch concerned within three days of receipt of notice from the stamp office.
In the interim, as a precautionary measure LHDNM will not accept any cheque that is dated more than three working days at the date of presentation. This measure is intended to reduce the opportunity and instances where one firm’s cheque or bank draft can be misused for the stamping of other documents. Members are advised to use Client’s Account cheques for stamping of documents other than Digital (Stamping) Franking.
All Members are urged to support this initiative. Bar Council will update Members on this issue regularly.
Members are reminded to be extremely vigilant and take precautionary measures to avoid being victims of fraudulent stamping. For more details on how to check the authenticity of stamps, refer to Circular No 151/2012 dated 11 July 2012.
For enquiries, please do not hesitate to contact Chuah Ying Ying, Officer, by telephone at 03-2050 2106, or by email at yingying@malaysianbar.org.my.
Thank you.
Hj Abdul Murad b Che Chik
Chairperson
Conveyancing Practice Committee
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