"STAMP DUTIES ACT, 1806."

Dunstan Times, Issue 267, 7 June 1867, Page 4

"STAMP DUTIES ACT, 1806."

EXTRACTED FROM SCHEDULE TO

SOHEDITLB 1. Containing the Duties on Deeds and other Instruments relating to transactions "between living persons. AcjTCeement or any minute or memoran- s. d. dum of an agreement uuder hand only where the matter thereof shall be ef 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 pnt 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. Bjtlls or ExCHAXO»-i----lnland 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 ...10 Ditto, not exceeding L.IOO, ... ... 2 0 And where the same shall excoed L. 100 then for every L.50, aud also for any fractional part of L.50 .... ...10 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 s:una amount and tenor) If drawn in seta of two, then for every Bill of each set where the sum payable shall not exceed L.50, ... ... 0 6 And where it shall exceed L.50 and not exceed L. 100, ... ... ... 1 0 And where the same shall exceed L. 100, then for every L.50, said also any fractional part of L.30, ... .06 If drawn iu seta of three or more, for every Bill of each set, where the sum payable thereby shall not exceed Lf>o 0 4 And where it shall exceed LSO and not exceed L. 100, ... ... 0 8 And where the same shall exceed L. 100, then far every L 50 and alao 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 Covermneat of New Zealand. All Drafts or Orders for thu 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 Exekaage draws out ef the Colony, but endorsed or negotiated within the Colony, the same duties as ou 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 Mote, for the payment in any ether wanner than to the bearer on demand of any etui of mosey not exceeding L 25, ... ... 0 6 Exceeding L.25, Mi exceeding L.50 ... 1 0 Promissory Note, (or the payment, either to the bearar, on demand, of any »aa» ef money exceeding L.60, and not exceeding L.IOO, ... ... 2 0 Where tie sum shall exceed L.IOO, then for every L. 50, and fractional part<rfL.»o, ... ... ... 1 0 Exemptions from the foregoing duties ou Promissory Notes, but not from any other duty to which the same may ha liable—All Promissory Notes for the payment of money on demand issued oy any Bank or Banking Company in New Zealand, authorised to issue saeh 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 Basking Company of any -sum of money though not made payablo to tho 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 Bunk or Banking Company of any sum of money, whother 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 tho same had been made payable to bearer or to order. C»vveya*c» of any kind or doecription whatsoever upon the sale of any property in respect of the priucipal or ,«nly writing whereby the property sold shall be conveyed to or vested in tho purchaser or any other person or persona 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 esoeed L.IOO, ... .. 10 0 And where the same shall exceed L.IOO, then for every L.50, and any fiactional part of L.50, ... ... 5 0 Disc er instrument of any kind whatever not otherwise charged in this Schedule, 10 0 Exemptions from the preceding duties on d*eeds or instruments not otherwise charged in this Schedule— ApprentioeeaadClerkshipe—All instruments relating to the service* of apprentices, clerks, or servants. Mortgage—All bonds and mortgages, whether affecting real or personal estate, bills of sale Dy way of mortgage, and all transfers, agreements, releasee, re-conveyances, and discharges thereof. All preferable liens under''' The Wool and Oil Securities Act, 1858." All Customs' Bfinds. All Administration Bonds. All Bonds on Appointment of Special Bailiffs. Draft or Order, including cheque* 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 rot otherwise charged, ... ... 0 1

Leash, or Agreement for a Lease, or any written document for the tendancy or occupancy of aary lands tenments, 0T 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 6 Where the same shall exceed LOO and not exced L.100,... ... ... 5 0 Above X. 100, for every fractional pa't 0f1.50, ... ... ... ... 2 6 Lzask, or Agreement for a Lease of any lauds, tenements, or hereditaments, granted in consideration of a sum of money, by way of premium, without rent, or with an annual rent (The " ad Valorem" 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 (Bath 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 sains 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, 1860" (The same duty as for a conveyance for the sale of lands for a like sum, tht 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 m 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 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. TRAnSFBR. 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 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 exceed L. 100 then for every L. 100, and for every L. 100, and any fractional part of L.IOO ... ' ... ... io 0 Tranrfek 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 excocd L.20 ... ... i n Exceeding 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 LSO J (,