LEASE AND LICENCE AGREEMENT.

1. (a) where the lease and licence agreement purports to be for a term not exceeding sixty months with or without renewal clause; 0.25% of the total sum of,—
   • (i) the licence fees or rent payable under the agreement;
   • (ii) the amount of non-refundable deposit or money advanced or to be advanced or premium, by whatever name called;
   • (iii) the interest calculated at the rate of ten per cent. per annum on the refundable security deposit or money advanced or to be advanced, by whatever name called.
2. (b) where such lease and licence agreement purports to be for a period exceeding sixty months with or without renewal clause. The same duty as is leviable on lease under clause (ii),
   • (iii) or (iv), as the case may be, of Article 33.

LETTER OF GUARANTEE See, Agreement (No. 5).