Schedule III.

West Coast Times, Issue 580, 3 August 1867, Page 4

Schedule 111.

CONTAINING- THE DUTIES ON LEGACIES AND SUCCESSIONS TO PERSONAL ESTATE UNDER ANT TESTAMENTARY DISPOSITION OB UPON

INTESTACY.

For' every legacy specific or pecuniary or of any other description of the amount or value of L2O or upwards given by any will or testamentary instrument of any person who shall have died after the passing of this Act either out of his or her personal estate or out of or charged upon his or her real estate or out of any moneys to arise by gale mortgage or other disposition of his or her real estate or any part thereof and which shall be paid delivered retained satisfied or discharged after the passing of this Act.

Also for the clear residue (when devolving to one person and for every share of the clear residue when devolving to two or more persons) of the personal estate of any person who shall have died after the passing of this Act (after deducting debts funeral expenses legacies and other charges first payable thereout) whether the title to such residue or any share thereof shall accrue by virtue of any testamentary disposition or upon a partial or total intestacy where such residue or share of residue shall be of the amount or value of L2O or upwards and where the same shall be paid delivered retained satisfied or discharged after tlic passing of tliis Act.

And also for the clear residue (when given to one person) and for every shore of the clear residue (when given to two or more persons) of the moneys to arise from the sale mortgage or other disposition of any real estate directed to be sold mortgaged or otherwise disposed of by any will or testamentary instrument of any parson who shall have died after the passing of this Act (after deducting debts funeral expenses legacies and other charges first made payable thereout if any) where such residue or share of residue shall amount to L2O or upwards and where the same shall be paid retained or discharged after the passing of this Act.

Where any such legacy or residue or any share of such, residue shall have been given or have devolved to or for the benefit of a child of the deceased or any descendant of a child of the deceased or to or for the benefit of the father or mother or any lineal ancestor of the deceased a duty at and after the rate of one" pound per centum on the amount or value thereof, Ll per cent.

Where any such legacy or residue or any share of such residue shall have been given or have devolved to or for the benefit of a brother or sister of the deceased or any descendant of a brother or sister of the deceased a duty at and after the rato of three pounds per centum on the amount thereof, L 3 per cent.

Where any such legacy or residue or any share of such residue shall have been given or have devolved to or for the benefit of a brother or sister of the father or mother of the deceased or any descendant of a brother or sister of the father or mother of the deceased a duty at and after the rate of five pounds per centum on the amount or value thereof, L 5 per cent.

Where any such legacy or residue or any share of such residue shall have been given or have devolved to or for the benefit of a brother or sister of a grandfather or grandmother of the deceased or any descendant of a brother or sister of a grandfather or grandmother of the deceased a duty at and after the rate of six pounds per centum on the amount or value thereof, L 6 per cent.

And where any such legacy or residue or any share of such residue shall have been given or have devolved to or for the benefit of any person in any other degree of collateral consanguinity to the deceased than is above described a duty at aud after the rate of seven per centum on the amount and value thereof, L 7 per cent.

And Avhere any such legacy or residue or any share of such residue shall have been given or have devolved to or for the benefit of any stranger in blood to the deceased a duty at and after the rate of ten pounds per centum oii the amount or value thereof, LlO per cent. And all gift 3of annuities or by way of annuity or of any other partial benefit or interest oiit of any such estate or effects as aforesaid shall bo deemed legacies within the intent and meaning of this Schedule. And where any legatee shall take two or more distinct legacies or benefits under any will or testamentary instrument which shall together be of the amount or value of L2O each shall be charged with duty though each or either may be separately under that amount or value.

Exemptions from the foregoing duties all Legacies and Residues or Shares of Residue of any estate or effects given or devolving to or for the benefit of the husband or wife of the deceased.