EXTRACTED PROM SCHEDULE TO "STAMP DUTIES ACT, 1866."

Dunstan Times, Issue 246, 11 January 1867, Page 3

EXTRACTED PROM SCHEDULE TO "STAMP DUTIES ACT, 1866."

Schedule 1

Containing the Duties on Deeds ;and other Instruments relating to transactions between

living persons. Agreement or any minute or memoran- s. d. dum of an agreement under hand only where the matter thereof shuli be of the value of L.20 or upwards, whether the same shall only be evidence of a contract or obligatory on the parties from its being a written instrument, together with every schedule, receipt, or other matter put or .indorsed thereon, or annexed thereto 1 0 Provided always that divera letters shall be offered in evidence to prove any agreement between the parties who shall have written such letters, it shall be surlieient if any of such letters will be stamped with a duty of two shillings and sixpence. Bills or Exuuange— Inland Dill of Exchange, Draft, or Order, lor the payment to the bearer or to order at any otherwise than on demand of any sum of money not exceeding L.oO, ... ... ... 1 0 Ditto, not exceeding L. 100, ... ... 2 0 And where the same shall exceed L. 100 then tor every L. DO, aud also for any fractional pare ol L.50 ... ... 10 Poreign Bill of Exchange, drawn in, but payable out of, the Colony of New Zealand— If drawn singly, or otherwise than in a eel of two or more) —the same duty as on ail inland Bill 01 the same amount and tenor) If drawn in sets of two, then for every Bin oieaeh set where the sum payable shall not exceed L.oO, ... ... 0 6 And where it shall exceed L.o) and not exceed L.IOU, ... ... ... 1 0 And where the same-shall exceed L. 100, then for every L.50, and also any iractiuual part of L.60, ... ... 0 0 If drawn iu sets of three or more, for every Billot each set, where the sum 'payable thereby shall not exceed LSJ 0 4 And where it shall exceed L.50 and not exceed L. 100, ... ... 0 6 And where the same shall exceed L. 100, then for every L.50 and also any Pactional part of L.50, ... ... 0 4 Exemptions from -the foregoing duties on Bills of Exchange.—Ali Debentur> s and Treasury Bills issued by the f-ov rameut of ISow Zealand. All D af s or Orders for the payment of any cum of money to the bearer on dem aid drawn upon any Banker, perto a, or company, are exempt from tiie foregoing duties, but are sueji-ot to Lie datj o.' a p„:iiiy eh-iyed upon Divfts and Urderj. Bills of Exchange drawn out of the Colony, but endorsed or negotiated within tile Colony, the same duties as on a Bill of Exchange drawn within the Colony and payable wiihin the Colony—l'l'he same duty as on an Inhind Bill of the same amount and tenor.)

Promissory Note, for the payment in ativ other manner than to the bearer on demand of any sum of money not exceeding L.25,

Exceeding L.*25, not exceeding L.50 ... 1 Promissory Note, for the payment, either to the bearar, on demand, of any sum of money exceeding L.50, and not exceeding L. 100, ... ... 2 "Wh-jre the sum shall exceed L. 100, then for every L.50, and fractional part of L.50, ... ... ... 1

Exemptions from the foregaing duties on Promissory Notes, but not from any other duty to which the same may be liable—All Promissory Notes for the payment of money on demand issued by any Bunk or Banking Company in New Zealand, authorised to issue such notes and making such returns and paying such compositions as in this Act respectively mentioned. All Bills, Drafts or Orders, or Promissory Notes for the payment by any Bank or Banking Company of any su ;n of money though not made payabla to the bearer or to order, and whether delivered to the payee or not, and all writings or documents entitling any person 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 nam-i-.i or designated therein or not, or whether the same shall be delivered t> hint or not, shall respectively be deemed to be Bills, Drafts, or Orders L-r the payment of money chargeable with Stamp Duty, as if the same had been made payable to bearer or to order.

Conveyance of any kind or deseriptiin i whatsoever upon the sale of any pro- ; perty in respect of the principal or ■only writing whereby the property sold shall be conveyed to or vested in the purchaser or any other person or persons by his direction (except transfers expressly provided for by this Act)— - " Where the purchase or consideration money therein or thereupon expressed shall not exceed L. 00, ... 3 0 And where the same shull exceed 1,50 and not exceed L. 100, ... .. 10 0 And v. here the same shall exceed L. 100, then for every L.fiO, and any fractional part of L.50, ... ... 5 0 Bded or instrument of any kind whatever not otherwise charged in this Schedule, • 10 0

Exemptions from the preceding duties on deeds or instruments not otherwise charged in this Schedule—■ Apprentices and Clerkships—All instruments relating to the services of apprentices, clerks, or servants. Mortgage—All 1 oral 3 and mortgages, whether affecting real or personal estate, bills of sale by way of mortgage, audall transfers, agreements, releases, re-cenveyances, and discharges thereof. All preferable liens under "The Wo-.l and Oil Securities Act, 1856." '■'ur.ustinij' Poinds.