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

Dunstan Times, Issue 249, 1 February 1867, Page 4

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

Schedule 1.

Containing, the Duties on Deeds and other Instrument* 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 shall 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 where divers : letters shall be offered in evidence to prove any agreement between the parties who shall have written such letters, it shaft-be sufficient if any of duty of two shillings and sixpence.

Bills of Exchange— Inland Bill of Exchange, Draft, or Order, for the payment to the bearer er to order at any otherwise'than on demand of any sum of money not exceeding L.50, ... ... ... 1 0 Ditto, not exceeding L.IOO, ... ... 2 0 And where the same shall exceed L.IOO then for every L 50, and also for any fractional part of L.50 1 0 Foreign Bill of Exchange, drawn in, but payable out of, the Colony of New Zealand— If drawn singly, or otherwise than in a set of two or more) —the same duty as on an Inland Bill of the same amount and tenor) If drawn in sets of two, then for every Bill of each set where the sum payable shallnot exceed L.50, ... ... 0 6 And where it shall exceed LSO and not exceed L.IOO, ... ... ... 1 0 And where the same shall exceed L. 100, then for every L.50, and also any fractional part of L.50, ... ... 0 6 If drawn in sets of three or more, for every Bill of each set, where the sum payable thereby shall not exceed LSO 0 4 And where it shall exceed LSO and not exceed L.IOO, ... ... 0 8 And where the same shall exceed L. 100, then for every L.50 and also any fractional part of L.50, ... ... 0 4 Exemptions from the foregoing duties on Bills of Exchange.—All Debentures and Treasury Bills issued by the {government of New Zealand. All Drafts or Orders for the payment of any sum of money to the bearer on demand drawn upon any Banker, person, or company, are exempt from the foregoing duties, but are subject to the duty of a penny charged upon Drafts and Orders. Bills of Exchange drawn out of the Colony, but endorsed or negotiated within the Colony, the same duties aB on a Bill of Exchange drawn within the Colony and payable within the Colony— (The samo duty as on an Inland Bill of the same amount and tenor.) Promissory Note, for the payment in any other manner than to the bearer on demand of any sum of money not exceeding L.25, ... ... 0 6 Exceeding L.25, not exceeding L.50 ... 1 0 Promissory Note, for the payment, either to the bearar, on demand, of any sum of money exceeding L.50, and not exceeding L.IOO, ... ... 2 0 Where the sum shall exceed L.IOO, then for every L. 50, and fractional part of L.50, ... ... ... 1 0 Exemptions from the foregoing duties on Promissory Notes, but not from any other duty to which the same maybe liable—All Promissory Notes for the payment of money on demand issued by any Bank 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 sumof money though not made payable 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*d or designated therein or not, or whether the same shall be delivered to him or not, shall respectively be deemed to bo Bills, Drafts, or Orders for 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 description whatsoever upon the sale of any property 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.50, ... 5 0 And where the same shall exceed LSO and not exceed L. 100, ... 10 0 And where tho same shall exceed L. 100, then for every L.50, and any fractional part of L.50, ... ...5 0 Deed 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 bonds and mortgages, whether affecting real or personal estate, bills of sale by way of mortgage, and all transfers, agreements, releases, re-conveyances, and discharges thereof. All preferable liens under "The Wool and 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 bearer, or to order either on demand or otherwise not otherwise charged, ... ... ... 0 1 Lease, or Agreement for a Lease, or any written document for the tendancy t or occupancy of any lands, tenements, or hereditaments, without any con-

sideration by way of premium, the following duties in respect of the yearly rent— Where the yearly rent shall not exceed .L.50, .., , ~; ... 2 6 Where the same shall exceed LSO and notexced L.100,... ~. ... 5 0 Above L.IOO, for every fractional pa t of LSO, ... ... ... ... 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 n»v or with an annual rent (The ".advalorem" duties payable upon a conveyance calculated on the consideration by way of premium expressed therein.), Lease of any lands, tenements, or hereditaments, granted in consideration of a sum of money by way of premium, and also of a yearly rent amounting to L.20 and upwards (Both the "ad valorem" duties payable upon a conveyance according to the consideration therein expressed, and for a lease in consideration of a rent of the same amount.) Exemptions from the preceding duties on leases— Leases granted by the Crown of any , waste lands uuder the Provisions of any Waste Lands Act, or Gold Fields Act.

Memorandum of transfer under "The Land Registry Act, 1860" (The same duty as for a conveyance for the sale of lands for a like sum, the consideration of such transfer.) Policy - of Insurance, or other instrument whereby an Insurance shall be made on any ship or vessel, or upon any goods, merchandise, or other period not exceeding three months ... 2 6 And for all other marine policies—for every sum of L. 100 and for every fractional part of L. 100 1 0 Promissory Notes payable to the bearer on demand, issued by any Bank or Banking Company at the rate of for every one hundred pounds of the average annual amount in circulation as certified under " The Bankers Returns Act, 1858" ... L2 0 0 Receipt or discharge for or on payment of any sum of money of the amount of five pounds and upwards 0 1 Exemptions from the preceding duties on recipts— Receipts given for or upon the payment of money to or for the use of or by or on behalf of Her Majesty Receipts indorsed upon any instrument duly stamped under this Act, acknowledging the receipt of the consideration money therein expressed Acknowledgments given for money deposited in any Banks, to be accounted for.

Receipts for moneys paid into Land, Building, and Provident Societies. Trahsfer. except by way of mortgage, of any run or station held under lease or license, or promise of lease or license from the jCrown, or of any interest therein, where the declerod value of the said run or station or interest or the value thereof, assessed as in this Act provided, shall not exceed L.IOO 10 0 And where such value shall exceed L.IOO then for every L.IOO, and for every L. 100, and any fractional part of L.IOO • 10 0 Transfer of any share or shares in the stock and funds of any corporation, company, or society whatever in New Zealand, upon sale thereof— Where the purchase or consideration money therein expressed shall not exceed L.20 ... ... ... 1 0 Exceediug L.20 and not exceeding L.50 2 6 Exceeding L.50 and not exceedingL. 100 5 0 For every additional L.50 or fractional part of L.50 2 6

THE NEW POSTAGE RATES, To come into forco on Ist January 1866, are the following : I.—TOWN LETTERS. Posted at any post.office within tho Colony for delivery at or from such post office— Not exceeding half an ounce Id. Exceeding half ao ounce, but not exceeding one ounce ... 2d. For every ounce or fraction of an ounce over one ounce 2b ii. Conntry letters. Posted at any post-office within the Golony for delivery at or from any other Post-office within the same Province— Not exceeding half an ounce 2d Exceeding half an ounce, but not exceeding one ounce 4d. For every ounce or fraction of an ounce over one ounce 4d. 111. —INTER-TROVINCIAL LETTERS. Posted at any po3t-office within the Colony for delivery at or from any post-office in any other Province within the Colony— Not exceeding half an ounce 3d. Excepting half an ounce, but not exceeding one ounce 6d. For every ounce or fraction of an ounce over one ounce 6d.