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/' . ■'.. ■••- ; :./v"- : --- ;; ■■£ ; s.d.' must be conveyed to buyer in separate parcels, sothata distinct price niay be expressed on each conveyance, to be charged M'iththe ad valorem duty. , Property contracted for jiy severalpersons jointly, or by one for himself and others, or wholly for others at one entire pri cc for the^hole, shall be conveyed in ' .parcels by separate words containing statement of the share of purchase money paid for each, so as to admit of the imposition of^u ad valorem Stamp Duty, v Where sejjarate parcels are conveyed to the use of different persons in one deed, such deed shall be charged in respect of the aggregate purchase money. In case of a sub-sale of property before a conveyance has been made, the conveyance shall then, bctothesub-purchaser, with the pricostatedintheprincipal deed. When the sub-sale is made to various individuals for different parts of the property, separate conveyances shall be made to each with the consideration ex* . pressed on the principal deed. In cases of sub-sale, the sub-seller and purchaser deemed the seller aud purchaser within the meaning of the Act. • But in case of an actual convey- - ance of the interest of the person immediately selling to the subpurchaser, which shall bo chargeable with ad valorem duty, any deed or conveyance made to subpurchaser afterwards by original seller shall be free of ad valorem duty, and liable only to ordinary stamp as a deed. Where property bought of different persons is conveyed to the buyer by a single deed, the'.arf •vulorem duty on the deed is calculated on the aggregate of the various purchase moneys. Land sold. subject to mortgage, or to aiiy sum aftenvardstobepaid, duty is payable on the value of such mortgage or subsecpient payment. Exemptions from tho precediug Duties on conveyances— , Any grant from the Crown under ! the hand of the G o vernor for the time being of the Colony of New Zealand to any purchaser of Crown Lands iii New Zealand. Any certificate of title granted under the hand, of the Registrar General, pursuant to "The Land Registry Act, ISGO." Deed, or instrument of any kind whatever, not otherwise charged in this Schedule ... 0 1,0 Exemptions from the preceding duties on deeds or instruments not otherwise charged in this Schedule — Apprenticeship and Clerkship — AH instruments relating to the services of apprentices, clerks, or servants. Mortgage— All bonds and mort- «■ gages, whether affecting real or personal esTate, bill of sale by way of mortgage, and all transfers, agreements,- releases, reconveyances, and discharges thereof. All preferable liens under "Thq Wool and Oil Securities Act, 1858." A ll Customs bonds "AH administration bonds All bonds on appointment of special bailiffs. ' - ; Dkavt, or order, including cheques,, or orders onbankers for the payment of any siun of moiiey to a payee named, or to a bearer, or to order, either on demand or otherwise, nototherwiseeharged 0 0 1 Lease, or agreement for a lease, or any written document for the tenancy, or occupancy of any lauds, tenements, or hereditaments, withoiit any consideration by way of premium, the following duties in respect of the yearly rentWhere the yearly rent shall not exceed LSO ... 0 2 G Where t]ie same shall exceed LSO, and not exceed Li 00 .'-0. 5 0 Above LIOO. {oi-severy fractional part of LSO ,;.-; ... 0 2 G Lease, or agreement for a lease of any lands, tenements, or hereditaments, granted in consideration of a sum pf money by way of premium, withoiit. .rent or with, an annual rent (<;■). Lease of any lands, tenements, or hereditaniehts, granted m con-, sideration of a suny qf money by Ay.ay of premium, and also of a, yearly rent amounting to L2O. and .-upwards ((I). Exemptions from the preceding duties on leasesLeases granted by the Crown Qf any Waste Lands under the provisions pf any Waste Lands Act, or Gold Fields Act. Memorandum of transfer under"The Land" Registry Act, | WO" (i);/' ■ ':■■:" "■••■"■"■■■ Policy of iKSURAxgE, or other instrument whereby any insurance shall be made upon any j ship or vessel, or upon" any goods, nicrchandise, or other property on boai-d of any ship or vessel, or upon the freight I thereof, covered by " a ..Time j Policy for any period not exceeding three month's " ... 0. 2 G. Andfor all other Marine Policies, for every sum. of LIOO, and for every fractional part 'of L 10 0... 0" 1 0 Pkomissorv Notes, payable to the - bearer pn demand, issued by any Bank ot. Banking Company, at - "the rate' of, for every Ll oo, \6f - the "average annual .amount in . circulatiou,-' as certified 'under ■ ;:■ ■ the "Banker's Returns Act,- . , :issß" .-..;■ v ':;' ... 2 0 0 Receipt, «r. discharge given for or ' on -payment or'i ;any>sum of money of the amount of L 5 or. upwards " ; ' — • 0 0 1 Exemptions from the preceding duties pn receipts— - - ,yRepeipts- given for or upon the , payment of money to or for the ; : usexof, :pr by,6r"on behalf of her Majesty. " " ; Receipts endorsed upon any in- ■'? stniment ' duly stamped under - .•"> this Act, ; acknowledging' the ; receipt of the ' consideration - money therein expressed. (c) The ail valorem duties payable; upon a conveyance 'calculated on the consideration by way of premium expressed therein. ■ (d) Both the ad valorem duties payable upon jv r 'conveyance according to the conf sideration therein; expressed, and a lease iii consideration of a reut.of the same amount. ; (c) The saihe duty as for a conveyance for .the sale of /lands for a like sum the con, sjdei-atioii of such transfer. ; .

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https://paperspast.natlib.govt.nz/newspapers/GRA18670302.2.21.2

Bibliographic details

Grey River Argus, Volume III, Issue 177, 2 March 1867, Page 4

Word Count
907

Page 4 Advertisements Column 2 Grey River Argus, Volume III, Issue 177, 2 March 1867, Page 4

Page 4 Advertisements Column 2 Grey River Argus, Volume III, Issue 177, 2 March 1867, Page 4