Page 4 Advertisements Column 1

Grey River Argus, Volume III, Issue 177, 2 March 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 in'st : - SCHEDULE I Containing the Duties os Deeds .and other Instruments relating to Transactions between Living Persons.. •■■>■■■■'■"■£ s. d AGREEsrENT or any minute or niemorandum of any agreement ' under hand only, \yherc. the matter thereof shall :ne of the . : value of L2O. :or; upwards ; whether the same shall only be evidence of a contract or obliga- . Tory oil the partiesfroni its being a .written instrument, together .... with every schedule receipt or other matter put or endorsed l thereon or annexed: thereto 0 1 0 Provided ahvay s, thatwhere divers letters shallbe offered inevidencc , to prove any agreement between the parties who shall have written such- letters, it shall be sufficient if any of such letters shall be stampei' with a duty of two shillings and sixpence. Bills ok Exchange— Inland Bill of , Exchange Draft or Order for the payment to the bearer or to order at any time "•■ otherwise than on demand "of any sum of money not exceeding LSO ; „,0 10 Ditto, not exceeding LIOO ...0 2 0 And where the sum shall exceed Lloo,' then for every LSO, and also for fractional part of LSO 0 10 ' Foreign BUI of Exchange drawn in but payable out of the colony of New Zealand — If drawn singly or otherwise than tin 'a set of two or more (a) drawn in sets of two, then for every bill of each set where the sum payable shall not exceed LSO . ... 0 0 0 And where it shall exceed LSO and not exceed LIOO ... 0 10 And where the same shall exceed " LIOO, then for every LoO or any fractional part of LSO 0 0 G If drawn in sets of three or more for every bill of each set where the sum payable thereby shall notexceedLso ' ... 0 0 4 •And where it shall exceed LoO .' 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 tht foregoing dutieu but are subject to the duty of Id charged upon drafts or'orders. Bill of Exchange drawn out of the colony, but endorsed or uego- . tiated within 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 25 0 0 *6« Exceeding L 25, not exceeding LoO 0 10 Promissory Note, for the payment either to thebearcr, on demand, or in any other manner than to the bearer, on demand, of any sum of money exceeding LSO and not exceeding LIOO ... 0 2 0 Where the sum shall exceed LIOO then for every LSO, and fractional part of LSO ... q i o Exemptions froni the foregoing duties on promissory notes, but not from any "other duty to which the same may be liable. AH proinissor}' notes, for the payment of money on demand, issued by any Bank or Banking Company . in New Zealand I authorise;! to issue such notes, i and making such returns, and paying such compositions as is in this Act respectively men- i tioiicd. All bills,- drafts, orordeis, or propiissory notes for the payment by any Bank or Banking Com- . pany. of any sum of money, though not made payable to the bearer or to order, and whether delivered to the pnyep or not, and all writings or dpciu ments entitling any person to the payment by any Bank <>r Banking Company ot any sum of money, whether thepersqu to whom payment is to be made shall be named or design nated therein or not, 6;* whether the shall be delivered to him or not, shajl respectively be deemed to be bills, drafts, or ordersfor the payment of money chargeable with Stamp Duty, as if the sapie had been made payable to bearer or to order. Bill of Lading, or receipt in lieu thereof from master, mate, or agent of any vessel, for any goods, merchandise, or effects to be carried tp any place be. yond the boundaries pf the colony— for every such bill of lading, or receipt, or copy thereof . „,0 1. U CONVEYANCE— Of any kin A or. description whatsoever, upon the sale of any property in respect of the -prim; cipal or only writing, whereby the property sold shall be con' veyed to or vested in the pur^ chaser, PF any other person or' persons by his i\iieetipn (except transfers expressly provided fop '."■'. by this apt)— Where the purchase or cpusidcrat tion mpney therein or thereupon expressed shall not exceed LSO 0. 5 0 ■; And where the same shall exceed LSO, and not exceed LIOO ... 010 0 And where the same shall exceed ' LIOO, then for every LSO, and any fractional part of LoO ... 0 5 0 The.. consideration must be truly ' ; expressed in words upon eac]i principal deed of : conveyance, "■."• and if value be given ?n stock or 4 other security, its value uinst ''■-.-. in liJie manner be set forth in ' ' v full/ v ' •' . ■■; " .■■-,- '■■■■■ " ■ "WheP^^ copEideration is in GoveiTi». ment or other stock or deben^ ' > itures, the; duly' is payable on : *r -the average telling price: at the :^r-^> time of the conveyance. ; v" Fropei'ty ; lieltU under differe lit ,/ • : : :: ; ':-- ; - titles, sold; at ojie entire price,; : : ; v-Yri) The eaihe duty as on an Inland Jiill oi 4«e !B^i« e amount and ttrior> , ": ; (6) ;The same duty as. on an Inland Bill of the sainc^ii»t'» ut « mtl tenor, ■ ■.■■°.!.-.fAfi.~r -■-• - . ■ -■ . ,