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No exemption from stamp duties to extend to societies affected by this Act.
Such societies not to assure in favour of nominees of the assured.
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3. No exemption from any of the duties granted by any Act or Acts relating to stamp duties shall from and after the passing of this Act extend or be construed to extend to any of the societies intended to be affected and provided for by this Act; and it shall not be lawful for such societies after the passing of this Act to assure the payment of any money on the death of any member or person whomsoever to any nominee of such member or person, but only to the person or persons effecting and contracting for any assurance with the said societies respectively, or to his, her, or their executors, administrators, or assigns.
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