Stamp Act, 1899 — section 53

53. Allowance for spoiled or misused stamps how to be made..—In any case in which allowance is made for spoiled or misused stamps, the Collector may give in lieu thereof

(a)other stamps of the same description and value; or

(b)if required and he thinks fit, stamps of any other description to the same amount in value; or,

(c)at his discretion, the same value in money, deducting one anna for each rupee or fraction of a rupee.