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£ s. d. must be conyeyed to buyer in separate parcels, sp that a distinct price niay be expressed on each conveyance, tp be charged with. Jibe <v/ valore/n duty. Property contracted for by several persphs jointly, pr by one for hiinsejf and others, or wholly fpr othprs at one entire price for the whole, shall be conveyed in parcels by separate words coiir taining statement of the share pf purphase money pajkl for each, so as to admit of the imposition pf an ad valorem Stamp Duty. Where separate parcels are conr yeyed to the use of different per? sons in one deed, such deedshalj be charged in respect of the aggregate purphase money, In case pf a sub.-sale of property before a conveyanpe has been madp, tlie conveyanpe shall then be to thesub-purchaser, with the pripe stated in the principal deed. When tjje subrsale 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' pases of sub-sale, the sub-seller and purchaser deemed the sellev aiid purchaser within the mean? ing of the Act. But m case of an aptual conyeyr ance of tjie interest pf the person immediately selling to tjie subr purchaser, which shall be pharge able with .ad valorem u ty. an y deed or conveyance made to subr purchaser afterwards by original seller shall be free of ad valorem duty, and liable only to ordinary stamp as a deed Where property bpught pf dif.ferent persons is conveyed to the buyer oy a single deed, the ail V,dore]]i duty pn the deed is calr pulated pn thp aggregate pf the yanpns purphase mpneys. Land spld Bubjept tp mortgage, oy to any sum afterwards $obe paid, duty is payable on the value of such mortgage or subsequent payment. Exemptions from the preceding Duties on conveyances— Any grant from the Crown nndey the hand of the (Spvernor for the time being of thp Colony of New • Zealand to any purphaser of Crown Lands in N. ew Zealand. Any certificate of title granted under the hand of the Registrar CJefteral, pursuant to - ( Thp Land Registry Act, I860." Deed, 'pr instrument of any kind whatever, not otherwise charged in this Schedule ... 0 1 0 Exemptions from the preceding dutjes pn deeds pr instruments npt otherwise charged in this Sphedule-rr-Appreiiticeship and Clerkship — All instruments relating to tlie . services of apprentices, clerks, or servant^. Mprtgage— All bonds and mortr gages, whether affecting real or perspnal estate, bill of sale by way pf mortgage, .and all transr fers, agreenients, releases, rer conveyances, and discharges thereof, AIJ preferable liens under " The Wool and Oil {Securities Act, i JBSS." All Customs bpnds All administratipn bonds AU bonds on appointment of special bailiffs, Draft, pr prder, including cheques, or prders on bankers fpr the payr ment pf any sum of nioney to a payee named, or to a bearer, or tp prder, either en demand or otherwise, not otherwise charged 0 0 1 Lease, qv agrcejnent fpr a lease, or any written document for the tenancy, or opcupanpy pf any lands, tenements, or hcreditar nients, without any considera? tion by way of premium, the following dutips in respept pf the yearly rent — Where the yearly yent s^all not exceed LSO „.0 2 6 Where the same shall exceed I>so, and not exceed LIOO ... Q 5 0 Above LIOO. fpr every fractipna} part of LSQ ... Q 2 6 Lease, or agreement for a lease qf any lands, tpnements, or here; ditaments, grantpd in considera: tion of a sum pf money by way of premium, without yent orwith an annual rent (o), Lease pf any lands, tenements, orhereditaments, granted in coiit sideratifln pf ft suni of money by •way of premium, and also of a yearty rent amounting t° L2t) and upwards (4). Exemptions from the pyegediug duties on leases — Leases granted by the Crown of any Waste Lands under the pro-: visions of any Waste Lau.ds Apt, pr Qold Fields Act. Mejioranpum of transfer under "The Ljau.d Eggistry Act, I860" fe), Poljcy pf Insurance, or other instrument whereby any insur? ance shall be niade upon any ship or vessel, or upon any goods, merchandise, or othey property on board of any ship yr vessel, or uppn tlie freight, thereof, covered by a Time Pplicy for any pepjpd npt ex? ceeding three nionthp ... Q 2 6 And for all fitter Marine Policies, fpr eyery s.u,in of LIOQ, and fop every fractional part pf LIOO ... Q J Q Promissory Notes, payable to the bearey on" demand, issued by any Bank or Banking Company, at the rate pf, fpr every LI 00, of the average annual amount in circulation, as certified under the "Banker's Return.? Act, 1858" ... ?. Q Q Receipt, or discharge given for or OH payment of any sum of i money of t}ie amount of L& or upwards. ... Q 0 I ' Exemptip,na fyom. th.c preceding duties on receipts — Receipts, given for or upon tl^o ' payment pf money to or for the, Use qf, or by pr on behalf of her Majesty, Receipts endorsed upon any in-: strument duly stamped under this Act, acknowledging the receipt of the consideration. money therein expressed, ' (<;) The ad valorevi duties payable upon a conveyance calculated on the consideration by way of premium expressed therein, {d) Both the ad valorevi duties payable upon a conveyance according to the consideration therein expressed, and a lease in consideration pi a rent of the same amount. (c) The same duty as for- a conveyance for the sale of lands for a like suto the consideration of such transfer.

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https://paperspast.natlib.govt.nz/newspapers/GRA18680107.2.19.2

Bibliographic details

Grey River Argus, Volume V, Issue 309, 7 January 1868, Page 4

Word Count
937

Page 4 Advertisements Column 2 Grey River Argus, Volume V, Issue 309, 7 January 1868, Page 4

Page 4 Advertisements Column 2 Grey River Argus, Volume V, Issue 309, 7 January 1868, Page 4