Page 4 Advertisements Column 1

Grey River Argus, Volume III, Issue 176, 28 February 1867, Page 4

STAMP DUTIES ACT. The following is the. new Stamp Duties Act passed in the General Assembly of New Zealand last session, and which came into force on the Ist inst ; ■- ' SCHEDULE I. Containing the Duties on Deeds and other Instruments relating to Trans- ■ actions between llvixg persons.. ' ■':■""■ •■■.'* . . ■' .:.•'■■ £S. d Agreement or any minute or memorandum of any agreement ■ under hand onlj-, where the ■ matter thereof shall be of the V ' value of L2O or upwards ; ; \\ "...'". whether the same shall only be evidence of a contract or obliga- . - tory on the parties from its being a" written instrument, together . with every schedule receipt or other matter put or endorsed thereon or annexed thereto 0 1 0 Brpvided always, that where divers letters sballbebflercdin evidence to prove any agreement between . .the ; parties who. shall have written such letters, it shall be sufficient if any of such letters shall be sfcunpe^ with a duty of '•■; two shillings and sixpence. Bills 'of Exchange — . Inland Bill of Exchange Draft or Order for the payment to the bearer pf to Order at any timo otherwise than on demand of ' any sum of money not exceeding LSO ... 0 1 0 Ditto, not exceeding LIOO ...0 2 0 And where the sum shall exceed LIOO, then for every. LSO, aud also for fractional part of LSO 0 10 Foreign Bill*, of Exchange drawn ■ in bivtpayable out of the colony of New Zealand—If drawn singly or otherwise than :^in a set of two or more (a) If drawn in sets of two, then for every bill of each set where the sum payable shall not exceed LSO '•■/. ... 0 0 6 And where it 6hjill exceed LSO and not exceed LIOO • „. 0 1 0 And where the same Bhall exceed / LIOO, then for eveiy LSO or - any fractional part of LSO 0 0 6 If drawn in sets of three or more ■ for every bill of each set where the sum payable thereby shall — - not exceed Lso* ... 0 0 4 And where it shall exceed LSO and not exceed LIOO ... 0 0 8 And where the same shall exceed LIOO, then for every LoO and also any fractional part of LSO 0 0 4 Exemptions from the foregoing duties on bills of exchange, all debentures- and treasury bills issued by the Government of* New Zealand. All drafts or orders for the payment of any sum of money to the bearer on demand, drawn upon any banker, person, or company, are exempt from the foregoing duties but are subject to the duty of Id charged upon drafts or'orders. Bill of Exchange drawn out of the colony, but endorsed or negotiated withjn the colony, the same duties as on • a bill of exchange drawn within the colony, and payable within the colony. Promissory Note, for the payment in any other manner than to the ■ - bearer, on demand, of any sum of money not-exceeding L 2» 00 0 Exceeding L 25, not exceeding LoO 0 10 Promissory Note, for the payment either to the bearer, on demand, or in any other manner than to the bearer, on demand, of any sum of money exceeding LSO and not exceedina LIQO „.0 2 0 Where the sum shall exceed Ll 00 then for every LSO, and fractional part of L 5.0 ... 0 1 0 Exemptions from "the foregoing duties on promissory notes, but not from any other duty to which the same may be,liable. AH promissory notes, for the payment of money on demand, issued by any Bank or Banking Company in New Zealand authorised to issue such notes, and making such returns, paying such compositions as is in this Act respectively men. t tioncd. All bills, drafts, or ordeis, or promissory notes for the payment by any Bank or Banking Company of any sum of money, though not made payable to ;< the bearer or to order, and I. whether delivered to the payee I or not, and all writings or documents entitling any. person to the payment by any Bank or Bjumuig Cojnpany ot any sum of money, whether the person. ; : to whom payment is to be m<vde shall be named or desig. nated therein or not, or whether the shall be delivered to him oy not, shall respectively . bo deemed to be bills, drafts, or . ordersfor the payment of money chargeable with Stamp Duty, as if tjie same had been made payable to bearer or to order. Bjll- of Lading, or receipt in lieu thereof from master, mate, or agent of any vessel, for any goods, merchandise, or effects to be carried to any place be- ' yond the boundaries of the colony—for every such bill of lading, or receipt, or copy thereof ... Q I 0 Conveyance — Of any knii-l or description whatsoever, upon the sale of any property in respect oi the principal or only writing, whereby the i property sold shall be conveyeel to or vested in the purchaser, or any other- pcivsou 6v '~. ! persons by his diiection (except transfers expressly provided foy by this act)— ' Where the purchase Or considera* : : tion money therein or thereupon- "•, .. expressed, shall not exceed LSQ 05 0 And where the same shall exceeds: * L LSO, and not exceed LIOO .:?%^O. • 0 \ And where the same shall .exceed ■ !\ LIOO, then for every L»0, and, %^. )% -. any fractional .part of LoO ...0 5 6 .■'J\ The consideration must 1 be truly • ; ;i; ■ expressed iii ; wOrds upofl each . principal deed of conyejrance, . -.aid if value be given ;'n storfc or . !' :4 other security, its value 'must' .:>"■•■•'■"■■■•• in like manner be get forth in ; r --.' : "::'- r full;r:'':. : - : ' ■'■.:;■ /■■' "; ■"■ .' : ■'. i._ '- 1 "' Wlitn consideration is in Governjnent or otter stock or- debeii- -.•'.' tures, the cluiy is phyablie on : ;; '> _e'average .clJii^price at. t^e '-/'■[ '"-"' tip-e of -f he cciiveyajice. '; "-'■' ■ '■'>''' ; ' : '' :i: : r Frp^*yv'ield'':;'ii«der... clifierc-rt y " '.-.', ■" ' fttics, -' Eold: at one entire price, : : :{fi)*Jsie sniiJeiiiityas i.'.qii an Inlaiid Bill of theßanreamo_tai (6j : . The : iaine -.■.duty as on an Inland Bill of the same amount and tenor; '•: