§ "15. That in lieu of the stamp duties Chargeable on policies of sea insurance where the premium or consideration exceeds the rate of two shillings and sixpence per cent. of the sum insured, there shall be charged the following stamp duties, that is to say:—
| (a) For or upon any voyage—where the sum insured— | ||
| s. | d. | |
| does not exceed £250 | 0 | 3 |
| exceeds £250 but does not exceed £500 | 0 | 6 |
| exceeds £500 but does not exceed£750 | 0 | 9 |
| exceeds £750 but does not exceed £1,000 | 1 | 0 |
| exceeds £1,000 for every£500 and any fractional part of £500 | 0 | 6 |
§ (b) For time— where the insurance is made for any time not exceeding six months, an amount equal to three times the amount which would he payable if the insurance were made upon a voyage;
§ where the insurance is made for any time exceeding six months and not exceeding twelve months, six times the amount which would he payable if the insurance were made upon a voyage.