£ s. d. | each conveyance, to be charged with.the ad valorem duty. ' Property contracted for by several persons jointly, or by one for himself and others, or wholly for others at one entire price fpr the whole, shall be conveyed in parcels by separate words containing stii^emeiij; pf the share of purchase money paid for each, so as to admit of the imposition pf an ad valorem Stamp JJuty. Where separate parcels are com yeyed to the use of different per? Sons in one deed, suph deed shall • be charged in respect of the aggregate purchase money. In case pf a sub-sale qf property before a conveyance has been made, the conveyance shall then betothesub-purchaser. with the price stajjedintheprincipal deed. When the sub-sale is made tq various individuals for different parts of the property, separate conveyances shall be made to each with consideration expressed on the principal deed. J.n cases of sub-sale, the sub-seller and purchaser deemed, the seller and purchaser within themecining pf the Act. But in case of an actual conveyance pfthe interest of the person immediately selling to the subpurchaser, which shall he chargeable with ail valorem duty, any deed or cpnvey.ance made to subi purchaser afterwards by original feller shall be free of ail valorem duty, .and liable p,njy to ordinary staii^p a^ a dcccl Where property bought of different persons is conveyed to the buyer by a single deed, tlje ail yulqrem d.uty on the deed is calculated on tl^e ; a^gregiite o,| variqus purchase nxqneys. Land! sold subject to mortgage, oi: tp any gum afterwards to. be paid,, duty payable on the value of such mortgage qr subsequent payment. Exemptions, from t.ho preceding Duties pn conveyances— Any grant from, the Crown under the hand of the Governor for jibe time being of tfye Colony pf New Zealand tq any purchaser of Crown Lands Jri $ew Zealand. Any c. ertiticato qf ' title granted under the hand of th,e Registrar Gensjal, pursuant to. *' The Laud Registry Act, 1860." Peew, or instrument of any kind whatever, not otherwise charged in this Schedule ... Q. 1 0 Exemptions from the preceding duties on deeds or instruments not otherwise charged in this Schedule — Apprenticesh i ip and Clerkship — All instruments relating to the services of apprentices, clerks, or servants. Mortgage — All bonds and mortgages,, 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 " The AVool aud Oil Securities Act, 1858." All Customs bonds All administration bonds All bonds on appointment of special bailiffs. Draft, or order, including cheques, or orders on bankers for the payment of any sum of money to a payee named, or to a bearer, or to order, either on demand or otherwise, not otherwisecharged 0 0 1 Leask, or agreement for a lease, or any written document for the tenancy, or occupancy of any lauds, tenements, or hereditaments, without any consideration by way of premium, the following duties in respect of the yearly rent — Where the yearly rent shall not exceed LSO ... 0 2 6 Where the same shall exceed LSO, and not exceed LIOO ... 0 5 0 Above LI 00. fqr every fractional part of L 50.;. * ... 0 2 6 Leask, or agreement for a lease of any lands, tenements, or hereditaments, granted in consideration of a sum of money by way of premium, without rent or , with an annual rent (c). Lease of any lands, tenements, or hereditaments, granted m consideration of a sum of money by way of premium, and also of a yearly rent amounting to L2O and upwards (d). Exemptions from, the preceding duties on leases — Leases granted by the Crown of any Waste Lands under the provisions of any Waste Lands Act, or Gold Fields Act. Memorandum of transfer under "The Land Registry Act, I860" (c). Policy of Insurai.*ce, or other instrument whereby any insurance shall be made upon any ship or vessel, or upon any goods, merchandise, or other property on board of any ship or vessel, or upon the freight thereof, covered by a Time Policy for any period not exceeding three months ... 0 2 6. And for all other Marine Policies, for every sum of LIOO, and for every fractional part of L 100... 0 10 Promissory Notes, payable to the bearer on demand, issued by any Bank or Banking Company, at the rate of, for every LIOO, of the average annual amount in circulation, us certified under the "Banker's Returns Act, 1858" ... 2 0 0 ; . Receipt, or discharge given for or on payment of any sum of money of the amount of L 5 or upwards ... 0. 0 I Exemptions from the preceding duties on receipts — • Receipts given for or upon the paymenb of money to or for the use of, or by or on behalf of her Majesty. Receipts endorsed upon any instrument duly stamped under this Act, acknowledging the receipt of the consideration money therein expressed. Acknowledgment given for money deposited in any Banks to be accounted for Receipts for moneys paid into \ Land, Building, via Investment Societies. Transfer, except by way of Mortgage, of any run or station held under lease or license, or promise of lease or license, from tho Crown, or of any interest therein, where the declared value of the said run or station, or interest, or the value thereof assessed as in this Act provided, shall .not exceed LIOO ..: 0 10 0
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Bibliographic details
Grey River Argus, Volume VI, Issue 416, 12 September 1868, Page 4
Word Count
908Page 4 Advertisements Column 4 Grey River Argus, Volume VI, Issue 416, 12 September 1868, Page 4
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