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

Dunstan Times, Issue 250, 8 February 1867, Page 4

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

Schedule 1. Containing the Duties on Deeds Mid other Instruments relating to transactions between living persons/ Aokeement or any minute or memoran- a. 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 shall be sufficient if any of such letters will be stamped with a duty of two shillings and sixpence. ©ills oy Exchange— Inland Bill of Exchange, Draft, or Order, for the.payment to the bearer or 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. 100 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 a3 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 shall not exceed L.50, ... ... 0 6 And where it shall exced L.50 and not exceed L.IOO, ... ... ... 1 0 And where the same shall exceed L. 100, then for every L.otl, and also auy fractional part of L.50, ... ... 0 6 If drawn in sets of tires or more, for every Bill of each set, where the sum payable thereby shall not exceed LOO 0 4 And where it shall exceed L.50 and not exceed L. 100, ... ... 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 Exanrotionß 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 smy sum of money to the bearer on demand drawn upon any Banker, persci, or company, arc exempt from the foregoing duties, but are subject to the duty of a penny charged upon Drafts and Orders. Billa of Exchange drawn out of tha Colony, but endorsed or negotiated within the Colony, the same duties m en a Bill of Exchange drawn within the Colony and payable within the Colony— (The same 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 exoeeding L2O, ... ... 0 6 Uxceeding 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, anil not exceeding L. 100, ... ... 2 0 Where the sum shall exceed L.IOO, -.thenfor every L.50, and fractional part of L.50, 1 0 Exemptions from the foregoing dutieson 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 auy Bank or Banking Company in New Zealand, authorised to ias'te such notes and making such returns and paying such compositions ■»s in this Act respectively mentioned. AH-Bills, Drafts or Orders, or PromioEory Notes for the payment by any Bank or Banking Company of any sum of money though notmadepayabls to the bearer or to order, and whether ielivcred 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 named or designated therein or not, or whether the same shall be delivered to him or not, shall respectively bo deemed to be Bills, Drafts, or Orders for the payment of money chargeable with Stamp Duty, as if the same had -been made payable to beaver or to order.. i

Conveyance of nny kind or description ■whatsoever upon the sale of any property in respect of the principal or (mly 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 the same shall exceed L. 100, then for every L. 50, and any fractional part of L.50, ... ;... • 6 0 Pbbd or instrument of any kind whatever not otherwise charged in this Schedule 10 0 Exemptions from the preceding dutiea on deeds or instruments not otherwise charged in this Schedule— ApprenticesandClerkships—All instruments relating to the services of apprentices, clerks, or servants. Mcrtgago—All hjndj and mortgages, whether affecting real or personal estate, bills of salo by way of mortgage, andall transfers, agreements,release?, ro-ooaveyances, and discharges thereof. All preferable liens under 'Toe Wool and Oil Securities Act, ISS-S." 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 or occupancy of any lands, tenements, or hereditaments, without any corn-

sideration by way of premium, tie following duties in respect of tlie yearly rent— Where the yearly rent shall not exceed L.50, - 2 C Where- the same shall exceed LSO and not execd L.100,... ... ... 5 0 Above L.IOO, for every fractional pait ofLSO, ... ... 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 ren'-, or with an annual rent (Th.3 "advalorem" duties payable upon a conveyance calculated on the consideration by way of promium expressed therein.) LEASi 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 L2O 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 under the Provisions of any Waste Lands Act, or Gold Fields Act. Memorandum of transfer under "The Land Registry Act, I860" (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.IOO 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" ... L.2 0 0 Receipt or discharge for or on payment of any sum of money ot the amount of live 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 cior.ey therein expressed Acknowledgments given for money deposited in any Banks, t j be accounted for. Receipts for moneys paid into Land, Building, and Provideut Societies. Trausker. except by way of mortgago, of any run or station held under lease or license, or promise of lease or license from the JOrown, or of any interest therein, where the declered value of the. said run or station or interest or the value thereof, assessed as in this Act provided, shall not exceed L. 100 10 0 And where such value shall oxcecd L. 100 then for every L. 100, and for everv L. 100, and any fractional part ofLJOO 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 Exceeding L.20 and not exceeding L.50 2 C Exceeding L. 50 and not cxeoedingL. 100 5 0 For every additional L.50 or fractional part of L.50 2 G