"STAMP-DUTIES ACT, 1866."

Dunstan Times, Issue 266, 31 May 1867, Page 4

"STAMP-DUTIES ACT, 1866."

EXTRACTED FROM SCHEDULE TO

Schedule 1. Containing the Duties on Deeds and other Instruments relating to transactions between living persons. Agreement or any minute or memoran- s. d. dam of an agreement under hand only where the matter thereof shall be nf th:; value of L.20 or upwards, whether the same shall only be evidenes of a contract or obligatory on the parries 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. Bills of Exchange— Inland Bill of Exchange, Drafts 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. 100, ... ... 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— It drawn singly, or otherwise than in a set of twoor more)—the same duty as on an Inland Bill of the same amount and tenor) I? drawn in sets of two, then for every Bill of each set where the sum payable shall not exceed L.50, ... ... 0 0 And where it shall exceed L.5 J and not exceed L.IOO, ... ... ... 1 0 And where the same shall exceed L. 100, then for every L.50, and also arry fractional part of L.50, ... ... 0 6 If drawn in sets of thre.: or more, for every Bill of each set, whero tire sum payable thereby shall not exceed Lift) 0 4 And where it shall exceed L.50 and not exceed L. 100, ... ... 0 8 And where the same tliall 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 as on a i'.ill 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 exceeding L.25, ... ... 0 6 Exceeding L.25, not exceeding L.50 ... 1 0 Promissory Note, for the payment, cither to the bearar, on demand, of any sum of money exceeding L.50, and not exceeding L. 100, ... ... 2 0 Where the sum shall exceed L. 100, ' then for every L.50, and fractional part of L.50, ... ... ... 1 0 Exemptions from the foregoing duties on Promissory Notes, but not from ,av.y other duty to which tho same ■may be 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 aird making such returns and paying such compositions as in this Act respectively mentioned. All Bills, Drafts or Orders, or Promis■sory Notes for the payment by any Bank cr Banking Company of any I'itui of money though not madopayablo to the bearer or to order, arrd 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 named or designated therein or not, or wdrsthcr the same shall be delivered to him or not, shall respectively be deemed to be Bills, Drafts, or Orders for the payment of money chargeable with Stamp Duty, as if the same had been made payahlo 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 irot oxceed L.50, ... 5 0 And where the same shall exceed LSO and not exceed L. 100, ... .. 10 0 And where the same shall exceed 1.100, then for every L.50, and any fractional part of L.50, ... ... 5 0 Dket> 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— ApprenticesandClerkships—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 snd Oil Securities Act, 1858." All Customs' Bonds. All Administration Bonds. All Bonds on Appointment of Special Bailiffs. Draft or Order, including (heqnes or orders on bankers for the payment of j any sum of money to a payoo named or to Warer, or to order either on de- I maud or otherwise not otherwise charged, ... ... ~, 0 1 !

Lease, or Agreement for a Lease, or any written document for the tendency or occupancy of any lands tenrnents, or hereditaments, without any consideration by way of premium, the following duties in respect of the yearly rent— Where the yearly rent shall not exceed L.50, ... ... ... ... 2 G Where the same shall exceed LSO and not exced L. 100,... ... ... 5 0 Above L. 100, for every fractional part 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 rent, or with an annual rent (The "advalorein" duties payable upon a conveyance calculated on the consideration by way of premium expressed therein.) Leas:; 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 tinder the Provisions of any Waste Lands Act, or Gold Fields Act. Memorandum of transfer under " The Land Registry Act, 1SG0" (The same duty as lor 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 Do made on any ship, or vessel, or upon any goods, merchandise, or other period not exceeding three months ... 2 0 Arid for ail 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 certincd under "The Bankers Returns Act, 1658" ... L.2 0 0 Receipt or discharge for oron payment of my sum of money of the amount of live pounds and upwards 0 1 Exemptions from the preceding duties on rtcipts— Rv-cetpt3 give-: for or upon the payment of money to or ior lu use of or by or on If.'iials ot tier Majesty Receip's indorsed upon any ins rmnanc duly st-.v ,ped and r L-iiis Ar, ;;oknowled -he tvivViV •■■ ■ ■■.■• c" BideratioV: itlonoy th rein expivsiLd Acknowi dgmc-nis .:•■• ~ ior money deposited in any Banks, to be accounted for. Receipts fcr moneys paid into Land, Building, and Provident Societies. TnAnsrEK. except by way of mortgage, of any run or station held under lease or license, or promise of lease or license from the Crown, 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. 10U 10 0 And where such value shall exceed L. 100 then for every L. 100, and for every L.IOO, and any fractional part of L. 100 ... ' ... ... jo 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— Whero the purchase or consideration money therein expressed shall not exceed L.20 ... ... i o Exceeding L.20 and not exceeding L.50 2 fi Exceeding L.50 and not exceedingly 100 5 0 For every additional L.50 or fractional part of L.50 o g THE NEW POSTAGE RATES, To come into force on Ist January 18G0, are the following : I.—TOWS LETTERS. Posted at any post.office within the. Colony j for delivery at or from such post office— Not exceeding half an ounce Id. Exceeding half ao ounce, but not exceeding' one ounce 2d. c For every ounce or fraction of an ounce over ono ounce 2b 11. Conn try LETTERS. Posted at any post-office within the Colony 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 For every ounce or fraction of an ouuee over one ounce 4^