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Stamp duty shall not be chargeable upon any of the following documents, that is to say—
(a)a letter or power of attorney granted by any person as trustee for the transfer of any money of a registered society or branch which is invested in his name in the public funds;
(b)a policy of insurance or appointment or revocation of appointment of an agent or other document required or authorised by this Act or by the rules of a registered society or branch.
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