“STAMP DUTIES ACT, 1866.”

Dunstan Times, Issue 268, 14 June 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. <L dum of an agreement under hand only where the matter thereof shall be of the value 6f L.20 or upwards, whether the same shall only be evi- * deuce 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 snail 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 or 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 net exceeding L.50, ... ... ... 1 0 , Ditto, not exceeding L.IOO, ... ... 2 0 And where the game 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 oat of, the Colony of New Zealand— It drawn singly, or otherwise than in a set of two or more) —the aame duty as on an Inland Bill of the same 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.IOO, ... ... ... 1 0 And where the same shall exceed L.IOO, 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 L.50 and not exceed L. 100, ... ... 0 8 And where the same shall exceed L. 100, then for every L.50 and alas 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 moniy 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 • penny charged upon Drafts and Orders. Hills of Exchange drawn out of the Colony, but endorsed or negotiated within the Colony, the same duties as on a Bill ci Exchange drawn within the Colony and payable within the Colony—(The same duty as on an Inland Bill of the aame amount and tmor.) Fromiajory Note, for the payment in any «&er manner than to the bearer »A ietuni of ony sum of money not exceeding L,25, * ... ... 0 6 Exceeding L£s, not exceeding L.50 ... 1 0 Proaisaory Not.-, for ilie payment, either to >h« bearar, on demand, of say rum of money exceeding L.50, tssd not csceeding L.IOO, ... ... S 0 Whew tfee sum shall exceed L.IOO, then (or every L.50, and fractional part of L.50, ... ... ... 1 0 Exemption* from tka foregoing duties on Promissory Notes, but not from any other duty to which the same may bo liable—All Promissory Notes for the payment of money on demand issued by any Rank 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, Draft* or Orders, or Promissory Notes for the payment by any Bank or Banking Company of any exnn of money though not madepayabla to the bearer o# to order, and whether delivered to the payee or not, and all writing* 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 ba deemed to bo Bills, Drafts, or Orders for tha payment of money chargeable with Stamp Doty, a* if the same had been made payable to bearer or to order. Conveyance of any kind or description whatsoever upon the sal* 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 person* by his direction (except transfers ezpwftly provided for by this Act) — Wher* the purchase or consideration meuay therein or thereupon expressed shall not exceed L.50, ... 5 0 And where the same shall exceed LSO and not exceed L.IOO, ... 10 0 And Where the same shall exceed L. 100, than for every L. 50, and any fractional part of L.50, ... ... 6 0 Deed or instrument of any kind whatever not otherwise charged in this Schedule, ... ... ... ... 10 0 Exemptions from the preceding duties «n deeds or instruments not otherwise charged in this Schedule— Apprentices and Clerk ship*— 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-convcyancea, alid discharges thereof. All preferable liens under “The Wool and Oil Securities Act, 1858,” All Customs’ Bonds. All Administration Bonds. All Bends 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 I charged, ... ... 0 T

Lease, or Agreement for a Lease, or any written document for the tendency or occupancy of any lands teuments, • or hereditaments, without any consideration by way of premium, the following duties in respect of the yearly rent— Where the yearly rent shall net exceed L.50, ... ... ... ... 2 6 Where the same shall exceed LSO and not exeed L.100,... ... ... 5 0 Above L. 100, for every fractional part of LSO, ... ... 2 6 Lease, 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 “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 (Beth 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, 1800” (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 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 lo or for the use of or by or on behalf of Her Majesty Receipts indorsed upon any instrument duly stamped under this Act, acknowledging th. 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. TRAnsFER. 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 dcclered value of . the said run or station or interest or the value thereof, assessed as in this Act provided, shall not exceed LIOO 10 0 And where such value shall exceed L. 100 then for every L. 100, and for every L. 100, and any fractional part ofLIOO ... ... ... jo o 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 ... ... jo 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 L.50 j g THE NEW POSTAGE RATES, To come into force on Ist January 1866, art the following : I.—TOWN LETTERS. Posted at any post, office within the 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 ouncs jb 11. Country letters. Posted at any post-offica 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 4d. For every ounce or fraction of an ounce over one ounce 4J