Stamp Duty Act
62. Duty where consideration cannot be fixed with accuracy
62. Duty where consideration cannot be fixed with accuracy
Where, in the opinion of the Collector, the amount of the consideration for a lease cannot be ascertained with reasonable accuracy, he may either disregard that consideration to the extent to which its amount is deemed to be unascertainable and stamp the lease as if it were a voluntary disposition inter vivos in accordance with the provisions of section 52, or he may assess the lease with a fixed duty of one thousand shillings in respect of the consideration so far as it is deemed to be unascertainable.[Act No. 8 of 1985, s. 21(h), Act No. 6 of 1994, s. 58.]Source: Kenya Law