Page 4 Advertisements Column 1

Grey River Argus, Volume III, Issue 180, 7 March 1867, Page 4

STAMP DUTIES ACT. The following is the new Stamp Puties -Act passed in the General Assembly of New Zealand last session, arid which came into force on the Ist inst : - SCHEDULE I. Containing the Duties on Deeds and other ■."instktjmknts hkla'l Ixo to tisans- ■ • * actions betwkex living persons.. £ s. d Agbeemknt or any minute or me- i morandum of any agreement j under hand only, where the > matter thereof shall be ..of the value of L2O or upwards ; . whether the same shall only be evidence of a contract or obligatory on the parties from its being iv written: instrument, together with every schedule receipt or other matter put; or endorsed thereon or annexed thereto , 0 10 Provided always, that where divers letters shallbe offered in evidence to prove any agreement betweeu the ' parties who shall have written such letters, it shall be sufficient if any of such letter* ' shall be stampei' with a duty of two shillings and sixpence, Bills of ExcUANr.E— 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 suni of money not exceeding LSO ..;. ■ ... or o I Ditto, not exceeding Hoo „,0 2 0l And where the sum shall exceed LIOO, then for every LSO, and also for fractional part of 1,50 0 1 0 Foreign Bill of Exchange drawn in but payable out of the colony - of New jJealand— If drawn singly- or otherwise than in a set of two 1 or more (a) • ' If drawn in sets of two, then for every bill of each set where the j sum payable shall not exceed LSO "... 0 0 6 1 — ■■•■ And where it shall exceed LSQ and not exceed HOO ...0 1 0 And where the same shall exceed LIOO, then for every 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 LoO and not exceed LIOO „. 0 0 8 And where the sjvme shall exceed LIOO, then for, every LSO and also any fractional part of LoO Q 0 4 Exemptions from the. foregoing • duties on bills of exchange, all debentures and treasury billa issued by the Government of New Zealand. All drafts ororders for the payment of any sum_of money to tbe bearer, on "V" * ° 'demand, dra^vn T upon any banker, person, or company, are exempt from tin foregoing dutiea but arc subject to the duty of Id charged upon drafts or'orders. Bill of Exchange drawn out of the colony, but endorsed or nego. tiatcu within the colony, the same duties as;on,(V hill of exchangedrawii within the colony, and payable withiii the colony ";;\ ■ (b) '- ■ :i - '■■; : ''■'■■' Pronjiesory Notd, for the payment in any other manner than to the • bearer, on demand, of any suot . of money not exceeding iLS."* 0 0 0 Exceeding L2f>, not exceeding LSO 0 10 Piomissory Note, for the payment either to the bearer, on demand, or in^anyother'imauner than.;. to thel>earer, on demand, of any sum of money exceeding I*so and not exceeding LI OO „. 0 2 0 Where the sum shall exceed LIOO then for every LSO, and fractional part of >Lso .; ... 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 prbansßory i:otes, for the payment of money on deniaud, I issued by any Bank or Banking Company in New Zealand authorised to issue such notes, aud making stich returns, and paying such compositions as is in tins Act respectively men- / tioiicd. . •'.-.': AH bills, drafts, or ordets, or pro» missory 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, aud whether delivered to the payee or not, and aIL writings or docu* ments entitling any i)eison to the payment by any Bank or Banking Company of any sum of money,! whether the person to whom . payment is to be made shall be named or desig- , uated therein or not, or whether N.-;.., tlic shall be delivered to him or not, shall bo . deemed to be bills,' drafts, or I ■onlerß'fortiie payment of money chargeable; 1 witu Stamp Duty, as if the same had been made payable to bearer or to order. Bill or Lawno,- or receipt inlie\i thereof from master, mate, or agent of any vessel, for any " goods, merchandise, effects to be cariied* to place beyond :Uie- boundaries of the colony^— for .every such bill of lading, or receipt, or copy thereof ... 0 10 Conveyance— Of liny kin •. or description whatsoever, ■; upon; the sale of any property in respect of the principal or only writing, whereby the property sold snail be «pnN veyed to. or vested in the purchaser, :or, any other person or persons by his diiection (except - transfers expressly provided for " ' , ' • by this act)— : ' " ' Where the purchase or consideration nioiiey therein or tliert upon expressed shall not exceed LSO 0 5 0 And where the same shall exceed JLSO, aud not exceed LIOO ...0 10 0 And where the same shall exceed LIOO, tlieii for every LSO, and any fractional p.art »>f LSO „.0 5 0 "The considferatioh must be truly expressed in words upon each principal deed of conveyance, ; and if 'value lie^ given ?n stock or other security,, its value must in like mai;ner be set' forth in ■ : : - "■.■:■ -foil. .. ■■-'■„■■,.:. V--' Whtii coMfcidtration is in Govern- ' • ment or oibcr stotk or debentures, the diity is payable on ' :, the average tclJing price at the time of tbe.c<.nvc-yjincc. Proper^ held under different title^Eold : at- owe entire price, &j£ (ftj^The same duty as on an Inland Bill hi jEve saire amount and tenor. • ' ' ;^HpJ^») The same duty au on j'ii inland Bill of foMlwiaine amount and tcnoh