Article image
Article image

NEW ZEALAND STAMP DUTIES. The Schedules of the Stamp Act are four in Dumber. The first contains the duties on de< ds and other instruments relating to transactions b tween living persons; the second, the daties on piobiites of wills and letters of admir>i*tra tion ; the third. Ihe duties on legach s and successions to personal estate un ler any testamentary disposition or upon intestacy; tie- fouilh, duties on successions to real or personal essat... The following is a summary of the duties imposed. (Several exemptions ar<* omitted owing to their length):— Schedule. I. Acr.KF.MENT or any minute* r memorandum of n a„;ive iient umler li.uul oiil\ wh re the metei herco! shall 1) of he valu of f2O or !;t) ■ iir'N t 'g< t'ojr with *vi n schedul" r< < lpi 01' nili! r matter put or etidnisi d there-en <>r uII- Xfil t ;mi - - 0 10 Ptovidcd alvvajys that Audi; Ul\eiS ktiolo «ha'l hn offered in evidence to prove any agre..•ii'.nt between tli' puties who sh.sl! have writt.. n su-h Utter* i siiml b- sufficient if any such Utters sh ill 'e stamped vvitti u di ty of two s il iii ; :s and sixpence. Rills of Exchange—lnland Bill of Exchange Draft or Order not exceeding 50/ - 0 1 0 Ditto not exceeding 100/ - 0 2 0 And where the same shall exceed 100/ then for eVvi) 50/ and also for any fractional part of 50/ - - - -0 10 foreign Bill of Exchange—The same duty as on an Inland Bui of the same amount and t( nor. Where th.. 1 sura payable shall not exceed 50/ 0 0 6 50/ and not exceeding 100/ - -0 10 And vvhi re the same shall exceed 100/ theu for every 50/ and also for any fractional pirt of 50/ - - - - 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 50/ - - - 0 0 4 50/ and not exceeding 100/ - - 0 0 J And where the same shall exceed 100/ then for ev< ry 50/ and also for any fractional part of 50/ • - - - - 0 0 4 Ail Drafts or Orders for the payment of any sum of money to the hearer on demand drawn upon any Banker person or company are exemp: from the foregoing du'.iesbut are subject to the duty of Id. charged upon Drafts or orders. Hill of Exchange drß«m out of the Colony— Ti.e same duly as on an Inland Bill of the same amount and tenor. Promissory Note not exceeding 25/ - 0 0 6 Exceeding 25/ not exceeding 50/ - 0 1 0 Pio'uusoiy Note for the. puviuenc either to tro «fnr ron rtenund ot a,uy ot money W'hi re the sum shall exceed 100/ then for veiy 50/ and fractional part of 50/ -010 Ah lit Is Drafts or Orders or Promissory Note- tor the payment by any Bank or Banking C'wuipany of any sum of money though not uade payable to the i earer or to order and whether . elivered to the payee or not and all \vritin_sor documents entitling any person to toe payment by any Bank or Banking Company of any *um of money whether the person to whom payment is to be made shall be named or designated therein or not or whether the same shall be delivered to him or not shall respectively be deemed to be Bi'.is Drafts or o"ders for the payment of money chargeable with Stamp Duty as if the same had been made pay a hie to bearer or to order. Bill of Lading or ileceipt or copy thereof 0 10 Conveyance—Of any kind or description whatsoever (except transfers expressly provided for by tiiis Act) — Where tne purchase or consideration money theieiu or th* r» up«»n expressed shall not excudso/- - - • -0 5 0 Exceeding 50/ and not exceeding 100/0 10 0 \\ h re il stia.l«Xceed 100/ t.en ior eVtiy 50/ and any fraclioua part ot su/ - - 0 5 0 The purunase mouc\ «>r coii.iiderati-n aha'.l 'n tiuh ixpnssed aail S't iorth in Wurus at length in or up 'U eVciy -U h principal or "u\\ Qi ed or li.suuiuiut ol cimveyanet. Kxemptinijs f uih Du ie.s mi Conveyances— Am I oni th>- Ciowu under toe hand ol tne G"Vnii.-r lor the time b mg ot tie Co.Oi.y of Niw Zealand to any purcna er ot Clown Land- in .V w Zeuiand. Any C'NinVati- vi' Gitie fillie u..d r the ci til. i»>- o k>l.ai vjCuClui fJIUsUuLU to "The Land Registry Act, I860." Deed or instrument of any kind whatever not otwerwise eiiarg.d in his Schedule- 0 10 0 DItAFT oi Ordtr :uuiuuing cinques or otders on bankers for the payment ot any sum of money to a payee named or to bearer or to order either on demand or otherwise not otherwise charged - - - - 0 0 1 Lease or agreement for a lease or any written document fur the tenancy or occupancy of any lands ten<mints or henduani uts without any consideration by way of premium the following ouiies in respect of the yearly rent — Where the yeaily rent -hall not *xceed 50/ 0 2 6 Exceeding 50/ and not exceeding 100/ 0 5 0 Above 100/ ior every fractional part of 50/ - - - - ■ - 0 2 6 Lease 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. [The amounts payable upon above instruments are —The advalorem duties payable upon a conveyance calculated on the cousideiation by way of premium expressed then in. J Lease of any lands tenements or hereditaments gmuted in consideration of a sum of money hj way of premium and also of a yearly rent amounting- to 20/ and upwaros. [Amounts paj able upon the above instrument are—Both the advalorem duties payable upon a conveyance according to the consideration therein expressed ami for a Lase in consideration of a rent of the same amount.] Mkmokamhjm of Transfer under "The Lauu Kegistry Act, 1860, f ihe same duty as tor a conveyance for the sale of land* ior a like' < ouiii tat; coaaidwatiwi olsudk t<ui*fu.)

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/LWM18680227.2.11.4

Bibliographic details

Lake Wakatip Mail, Issue 482, 27 February 1868, Page 4

Word Count
1,029

Page 4 Advertisements Column 4 Lake Wakatip Mail, Issue 482, 27 February 1868, Page 4

Page 4 Advertisements Column 4 Lake Wakatip Mail, Issue 482, 27 February 1868, Page 4